FX.co ★ NextEra Energy Partners LP Q1 Earnings Summary

The following are the financial highlights for NextEra Energy Partners LP (NEP):

In the first quarter, the company reported earnings of $70 million, a significant rise compared to the net loss of $14 million in the same period of the previous year. The earnings per share (EPS) was $0.75 in the first quarter, reflecting a vast improvement on the EPS of -$0.17 from the same period last year which exceeded analysts' projection of $0.30 per share. The revenue for the first quarter was $257 million, an increase from the $245 million generated in the same period the prior year.