NextEra Energy Partners Q2 2024 GAAP EPS $0.66 Beats $0.28 Estimate, Sales $360.000M Beat $357.659M Estimate
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy Partners (NYSE:NEP) reported Q2 2024 earnings per share (EPS) of $0.66, significantly beating the analyst estimate of $0.28. The company also reported sales of $360 million, surpassing the estimate of $357.659 million. Both EPS and sales showed year-over-year growth.
July 24, 2024 | 11:37 am
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NextEra Energy Partners reported Q2 2024 EPS of $0.66, beating the analyst estimate of $0.28 by 135.71%. Sales were $360 million, surpassing the estimate of $357.659 million. Both EPS and sales showed year-over-year growth.
The significant beat on both EPS and sales estimates, along with year-over-year growth, is likely to positively impact NEP's stock price in the short term. Investors generally react favorably to such strong earnings reports.
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