NextEra Energy Shares Down 7% After Revenue Misses Estimates
January 25 2022 - 1:52PM
Dow Jones News
By Denny Jacob
NextEra Energy Inc. shares fell 7% to $76.15 Tuesday after the
energy company recorded a profit in the fourth quarter but missed
analysts' top-line expectations.
Operating revenue was $5.05 billion, compared with $4.37 billion
in the same period a year earlier and the consensus analyst
forecast for $6.25 billion. The Juno Beach, Fla.-based company
posted a net profit attributable to the company of $1.2 billion,
compared with a loss of $5 million in the year-earlier period.
Shares of NextEra have fallen 13% over the last 12 months.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 25, 2022 13:37 ET (18:37 GMT)
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