Skip to main content

NextEra: Q1 Earnings Snapshot

JUNO BEACH, Fla. (AP) — JUNO BEACH, Fla. (AP) — NextEra Energy Inc. (NEE) on Thursday reported first-quarter earnings of $2.18 billion.

On a per-share basis, the Juno Beach, Florida-based company said it had net income of $1.04. Earnings, adjusted for non-recurring costs, were $1.09 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The parent company of Florida Power & Light Co. posted revenue of $6.7 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $7.21 billion.

NextEra expects full-year earnings in the range of $3.92 to $4.02 per share.

_____

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

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
Read Next Story