NextEra Energy Partners LP Profit Climbs In Q1

(RTTNews) - NextEra Energy Partners LP (NEP) revealed earnings for its first quarter that climbed from last year.

The company's bottom line came in at $73 million, or $1.21 per share. This compares with $12 million, or $0.22 per share, in last year's first quarter.

Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.1% to $212 million from $198 million last year.

NextEra Energy Partners LP earnings at a glance:

-Earnings (Q1): $73 Mln. vs. $12 Mln. last year. -EPS (Q1): $1.21 vs. $0.22 last year. -Analysts Estimate: $0.47 -Revenue (Q1): $212 Mln vs. $198 Mln last year.