Published on 25 Oct 2023 on Zacks via Yahoo Finance
NextEra Energy Partners' (NEP) Q3 Earnings Beat Estimates
NextEra Energy Partners, LP NEP recorded third-quarter 2023 operating earnings of 57 cents per unit, which surpassed the Zacks Consensus Estimate of 48 cents by 18.8%. The bottom line, however, declined 38.7% from 93 cents recorded in the year-ago quarter.
Revenues
The firm’s operating revenues of $367 million missed the Zacks Consensus Estimate of $417 million by 12%. The figure, however, increased 21.5% from $302 million registered in the prior-year period.