JUNO BEACH, Fla. (AP) — JUNO BEACH, Fla. (AP) — NextEra Energy Inc. (NEE) on Friday reported fourth-quarter profit of $1.2 billion.

The Juno Beach, Florida-based company said it had profit of 58 cents per share. Earnings, adjusted for non-recurring gains, came to 53 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The parent company of Florida Power & Light Co. posted revenue of $5.39 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $6.51 billion.

For the year, the company reported profit of $6.95 billion, or $3.37 per share. Revenue was reported as $24.75 billion.

NextEra expects full-year earnings in the range of $3.45 to $3.70 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEE at https://www.zacks.com/ap/NEE