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Countdown to NextEra (NEE) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-01-20 15:21
In its upcoming report, NextEra Energy (NEE) is predicted by Wall Street analysts to post quarterly earnings of $0.51 per share, reflecting a decline of 1.9% compared to the same period last year. Revenues are forecasted to be $6.52 billion, representing a year-over-year decrease of 5.3%.Over the last 30 days, there has been an upward revision of 6.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...
NextEra Energy (NEE) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-01-17 16:01
Core Viewpoint - NextEra Energy (NEE) is anticipated to report a year-over-year decline in earnings due to lower revenues, which could significantly influence its near-term stock price depending on how actual results compare to consensus estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for January 24, 2025, with expectations of quarterly earnings at $0.51 per share, reflecting a -1.9% change year-over-year. Revenues are projected to be $6.52 billion, down 5.3% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 6.57% higher in the last 30 days, indicating a collective reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a positive Earnings ESP of +4.43%, suggesting that analysts have recently become more optimistic about NextEra's earnings potential [10][11]. Historical Performance - NextEra has a strong track record, having beaten consensus EPS estimates in the last four quarters, including a +5.10% surprise in the most recent quarter [12][13]. Investment Considerations - While NextEra is viewed as a compelling earnings-beat candidate, investors are advised to consider other factors that may influence stock performance beyond just earnings results [14][16].
NextEra Energy (NEE) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-01-15 23:51
Company Overview - NextEra Energy (NEE) closed at $69.29, reflecting a +1.93% change from the previous session, outperforming the S&P 500's gain of 1.83% [1] - The stock has decreased by 5.94% over the past month, contributing to a 6.06% loss in the Utilities sector, which is greater than the S&P 500's loss of 3.31% [1] Earnings Performance - NextEra Energy is set to release its earnings on January 24, 2025, with an expected EPS of $0.51, down 1.92% from the prior-year quarter [2] - The consensus estimate anticipates revenue of $6.52 billion, indicating a 5.26% decline from the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for NextEra Energy should be monitored, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that NextEra Energy currently holds a Zacks Rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has seen a slight increase of 0.03% [5] Valuation Metrics - NextEra Energy has a Forward P/E ratio of 18.53, which is higher than the industry average of 16.13, suggesting it is trading at a premium [6] - The company has a PEG ratio of 2.28, compared to the industry average PEG ratio of 2.52 [6] Industry Context - The Utility - Electric Power industry, part of the broader Utilities sector, has a Zacks Industry Rank of 138, placing it in the bottom 46% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
NextEra Energy announces date for release of fourth-quarter and full-year 2024 financial results
Prnewswire· 2025-01-13 11:30
JUNO BEACH, Fla., Jan. 13, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that it plans to report fourth-quarter and full-year 2024 financial results before the opening of the New York Stock Exchange on Friday, Jan. 24, 2025, in a news release to be posted on the company's website at www.NextEraEnergy.com/FinancialResults. The company will issue an advisory news release over PR Newswire the morning of Jan. 24, with a link to the financial results news release on the company's website. ...
NextEra Energy: The Utilities Sector Leader Isn't Dead Yet
Seeking Alpha· 2025-01-09 14:47
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
FPL to seek new rate plan to power growing state with unmatched combination of high reliability and low bills
Prnewswire· 2024-12-30 13:30
JUNO BEACH, Fla., Dec. 30, 2024 /PRNewswire/ -- Florida Power & Light Company today notified the Florida Public Service Commission (PSC) that it plans to file a formal request to set new rates once its current base rate agreement concludes at the end of 2025. The plan, covering 2026 through 2029, would enable FPL to continue to diversify the company's electricity generation mix, protecting customers from fuel price volatility, and continue to deliver some of the country's most reliable electricity to its 6 ...
NextEra Outperforms Industry in a Year: Should You Buy the Stock?
ZACKS· 2024-12-19 17:06
Shares of NextEra Energy (NEE) have gained 21.3% in a year compared with its Zacks Utility - Electric Power industry’s rally of 14.4%. The company has also outperformed the Zacks Utilities sector in the same time frame.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The steady rise in NextEra Energy’s share prices is a reflection of the strong performance of the company and customer growth, which is boosting demand for its services. The decline in interest rates is also going to boo ...
Here's Why NextEra Energy (NEE) Fell More Than Broader Market
ZACKS· 2024-12-17 23:51
The latest trading session saw NextEra Energy (NEE) ending at $72.23, denoting a -0.77% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.39% for the day. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.32%.Shares of the parent company of Florida Power & Light Co. Witnessed a loss of 4.71% over the previous month, trailing the performance of the Utilities sector with its loss of 3.7% and the S&P 500's gain of 3.6%.Investors will ...
This Magnificent Dividend Stock Continues to Add More Power to Its Growth Engine
The Motley Fool· 2024-12-12 09:41
Core Viewpoint - NextEra Energy has a strong dividend track record and is well-positioned for future growth, driven by its expanding energy resources segment and partnerships with major companies [1][11]. Group 1: Dividend Growth and Performance - NextEra Energy has increased its dividend every year for the past three decades, achieving a 10% compound annual growth rate over the last 20 years, resulting in total returns exceeding 15% annually [1]. - The company anticipates dividend growth of around 10% per year through at least 2026, supported by its growing earnings and low dividend payout ratio [8]. Group 2: Growth Drivers - NextEra Energy's energy resources segment has been a significant growth driver, owning a portfolio of power-generating assets that supply electricity under long-term, fixed-rate power purchase agreements [3]. - The company has partnered with Phillips 66 to build a 30.2-megawatt solar energy facility, which will provide stable cash flow and lower carbon intensity for Phillips 66's renewable fuels facility [4]. - In June, NextEra signed a deal to develop 4.5 gigawatts of solar and energy storage projects for Entergy, in addition to over 1.7 gigawatts already in development [5]. Group 3: Project Backlog and Future Expectations - NextEra Energy secured over 24 gigawatts of projects as of its third-quarter results, with expectations to complete 36.5 to 46.5 gigawatts of projects from 2024 to 2027 [7][8]. - The company plans to accelerate its development pace, projecting 14.1 to 17.1 gigawatts in 2024 and 2025, increasing to 22.4 to 29.4 gigawatts in 2026 and 2027 [8]. Group 4: Market Position and Opportunities - NextEra Energy is positioned to capture a significant share of the expected tripling of renewable energy capacity deployment in the U.S. over the next seven years, driven by increasing power demand from sectors like AI data centers and electric vehicles [9]. - The company is actively working with two Fortune 50 companies to potentially develop up to 10.5 gigawatts of renewable and energy storage projects by 2030 [6].
NextEra Energy: The Power of Dividend Growth Over Yield
The Motley Fool· 2024-12-11 15:15
You can buy shares of NextEra Energy (NEE 0.19%) and collect a 2.7% yield. Or you could buy a rival such as Dominion Energy and collect a much fatter 4.7% yield. Both are large and fairly well-run utilities, but which one is the better dividend choice? The answer might very well be the stock with the lower yield. Here's why.What does NextEra Energy do?NextEra Energy is one of the largest utilities in the United States. Its core operations consist of regulated electric utilities in Florida, with Florida Powe ...