BUZZ-NextEra Energy rises on Q1 profit beat on utilities strength, renewables backlog
Reuters · 04/23 14:49
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** Shares of utility firm NextEra Energy NEE.N up ~2.7% at $66.94 - hitting highest in over six months earlier in the session
** Co reports adj. profit of 91 cent/shr for the quarter, above average analyst estimate of 78 cent/shr - LSEG data
** NextEra Energy Resources backlog rises to 21.5 GW from 20 GW last quarter on about 2,765 megawatts of orders for renewables and storage
** Co reaffirms its full-year adj. profit forecast of $3.23 to $3.43 per share
** NextEra Energy Partners NEP.N, a unit of NEE created to acquire, manage and own contracted energy projects, up 5.5% to ~$29
** Including sessions gains, NEE has risen ~10% YTD
(Reporting by Kabir Dweit)
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