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Earnings Analysis: 
FPL GroupProfit Surges 55%
Author: 123jump.com Staff
123jump.com
Last Update: 1:39 PM EST October 30 2006



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FPL Group third-quarter net income jumped 55% thanks to the improved FPL Energy subsidiary performance and revenue increase of 34% from a year ago. Verizone third-quarter revenue climbed 26% partially due to the addition of the MCI long-distance business. Clear Channel Communications third-quarter earnings fell 11% hurt by higher expenses and the sale of some of the company''''s operations. Republic Services Inc. posted a 21% jump in profit on higher sales.

 

 

 

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