New Era Energy Q1 adjusted EPS beats expectations, renewable energy business performs strongly
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Glonghui, April 23 — New Era Energy announced that first-quarter revenue grew by 7.3% year-on-year to $6.701 billion, below analysts’ expectations of $7.275 billion. Adjusted earnings per share were $1.09, exceeding analysts’ expectations of $0.96, mainly due to the strong performance of its renewable energy business and increased power demand.
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