Nextera Energy Partners (NEP) Set to Announce Earnings on Tuesday
Nextera Energy Partners (NYSE:NEP) is set to post its quarterly earnings results before the market opens on Tuesday, April 23rd. Analysts expect Nextera Energy Partners to post earnings of $0.47 per share for the quarter.
Nextera Energy Partners (NYSE:NEP) last released its quarterly earnings results on Friday, January 25th. The solar energy provider reported ($0.39) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.88). The firm had revenue of $155.00 million for the quarter, compared to analyst estimates of $276.40 million. Nextera Energy Partners had a return on equity of 4.83% and a net margin of 23.25%. During the same period in the previous year, the business posted $0.18 earnings per share. On average, analysts expect Nextera Energy Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:NEP opened at $47.19 on Monday. The company has a market cap of $2.65 billion, a P/E ratio of 16.22, a PEG ratio of 2.53 and a beta of 0.96. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.55. Nextera Energy Partners has a 1-year low of $39.35 and a 1-year high of $50.66.
ILLEGAL ACTIVITY NOTICE: “Nextera Energy Partners (NEP) Set to Announce Earnings on Tuesday” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.watchlistnews.com/nextera-energy-partners-nep-set-to-announce-earnings-on-tuesday/2980439.html.
Nextera Energy Partners Company Profile
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 4,859 megawatts of capacity, as well as seven contracted natural gas pipeline assets.
Further Reading: Why is the ROA ratio important?
Receive News & Ratings for Nextera Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nextera Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.