NextEra Energy Partners LP Q3 Profit Rises

(RTTNews) - NextEra Energy Partners LP (NEP) released earnings for its third quarter that climbed from the same period last year.

The company's bottom line came in at $33 million, or $0.58 per share. This compares with $1 million, or $0.01 per share, in last year's third quarter.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.8% to $178 million from $191 million last year.

NextEra Energy Partners LP earnings at a glance:

-Earnings (Q3): $33 Mln. vs. $1 Mln. last year. -EPS (Q3): $0.58 vs. $0.01 last year. -Analysts Estimate: $0.42 -Revenue (Q3): $178 Mln vs. $191 Mln last year.