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FPL Group Q3 net income decreases
Wednesday, November 04, 2009 1:54 AM


(Source: Datamonitor)trackingFPL Group, a clean energy company, has reported a net income of $533 million, or $1.31 per share, for the third quarter of 2009, compared to $774 million, or $1.92 per share, for the same quarter of 2008.

The company has reported operating revenues of $4.47 billion for the third quarter of 2009, compared to $5.39 billion for the same period of 2008.

FPL Group has reported a net income of $1.27 billion, or $3.12 per share, for the first nine months of 2009, compared to $1.23 billion, or $3.06 per share, for the corresponding period of 2008. Year-to-date operating revenues were $11.99 billion, compared to $12.41 billion for the first nine months of 2008.

Lew Hay, chairman and CEO of FPL Group, said: "Despite challenges at FPL and in the Florida economy, FPL Group had another solid quarter. Our basic earnings story has remained fairly constant over the past two years: NextEra Energy Resources continues to grow adjusted earnings and earnings per share, while Florida Power & Light remains challenged by the economic downturn in Florida."

A service of YellowBrix, Inc.



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