NextEra Energy Partners (NEP) Q1 Earnings Beat Estimates

NextEra Energy Partners, LP (NEP) recorded first-quarter 2024 operating earnings of 75 cents per unit, which surpassed the Zacks Consensus Estimate of 12 cents by 525%. In the year-ago quarter, the firm reported a loss of 17 cents per unit.RevenuesThe firm’s operating revenues of $257 million missed the Zacks Consensus Estimate of$346 million by 25.7%. The figure, however, increased 4.9% from $245 million registered in the prior-year period. Highlights of the ReleaseTotal operating expenses were$278 milli ...