NextEra Energy Partners (NEP) Tops Q1 Earnings Estimates

NextEra Energy Partners (NEP) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 525%. A quarter ago, it was expected that this limited partnership for clean-energy projects would post earnings of $0.03 per share when it actually produced a loss of $0.35, delivering a surprise of -1,266.67%. ...