NextEra Energy (NEE), the largest provider of wind and solar power in the US, reported results this morning that beat analyst estimates and the company reported quarter over quarter revenue growth for the first in over a year. They reported a non GAAP EPS of $1.45/share vs the analyst expectation of $1.43 on revenues of $4.69 billion vs the expectation of revenues of $4.52 billion.
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The nation’s largest provider of renewable energy power disappointed investors this morning by missing analyst estimates and guiding lower for this year and next. FPL Group (FPL) reported a non GAAP EPS of 1.38/share, missing estimates by .03. Revenues were disappointing as well coming in at $4.47 billion which was a 17% decline from the year ago quarter. To make matters worse, the company is lowering guidance. For 2009, the company now expects an EPS … Read the rest
FPL Group (FPL) reported earnings this morning and it was a strong quarter in a tough environment. The leading provider of wind and solar energy reported a non GAAP EPS number of .90/share beating estimates by .13/share.
It’s NextEra Energy Resources division which houses its wind and solar operations produced good results with an EPS of .62/share (a 13% increase over the year ago quarter) however the gains were driven by new investments in wind … Read the rest