NextEra Energy Partners LP Reports Advance In Q2 Income, Beats Estimates

(RTTNews) - NextEra Energy Partners LP (NEP) reported earnings for its second quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $62 million, or $0.66 per share. This compares with $49 million, or $0.53 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.9% to $360 million from $293 million last year.

NextEra Energy Partners LP earnings at a glance (GAAP) :

-Earnings (Q2): $62 Mln. vs. $49 Mln. last year. -EPS (Q2): $0.66 vs. $0.53 last year. -Revenue (Q2): $360 Mln vs. $293 Mln last year.