NextEra: 2Q Earnings Snapshot

NextEra: 2Q Earnings Snapshot

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JUNO BEACH, Fla. (AP) _ NextEra Energy Inc. (NEE) on Wednesday reported second-quarter profit of $795 million.

The Juno Beach, Florida-based company said it had net income of $1.64 per share. Earnings, adjusted for non-recurring costs, came to $2.11 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The parent company of Florida Power & Light Co. posted revenue of $4.07 billion in the period.

NextEra shares have climbed 9 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 5.5 percent. The stock has climbed 19 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEE at https://www.zacks.com/ap/NEE

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