Financial Performance - NextEra Energy reported 2024 fourth-quarter net income of $1.203 billion, or $0.58 per share, compared to $1.210 billion, or $0.59 per share, in Q4 2023[2] - Full-year 2024 adjusted earnings per share grew by 8.2% year-over-year to $3.43, compared to $3.17 in 2023[3] - NextEra Energy expects 2025 adjusted earnings per share to be in the range of $3.45 to $3.70, with continued dividend growth of approximately 10% annually through at least 2026[15] - Operating revenues for NextEra Energy totaled $5.385 billion for the three months ended December 31, 2024, with FPL contributing $3.855 billion and NEER contributing $1.448 billion[27] - Net income attributable to NextEra Energy, Inc. was $1.203 billion, with FPL contributing $845 million and NEER reporting a net loss of $442 million[27] - Adjusted earnings for NextEra Energy were $1.095 billion, with FPL contributing $845 million and NEER contributing $446 million[27] - Earnings per share (EPS) attributable to NextEra Energy, Inc. was $0.58, with adjusted EPS at $0.53[27] - NextEra Energy's operating revenues for Q4 2023 were $6.877 billion, with FPL contributing $4.196 billion and NEER contributing $2.656 billion[29] - Net income attributable to NextEra Energy, Inc. for Q4 2023 was $1.210 billion, with FPL contributing $1.146 billion and NEER contributing $885 million[29] - Adjusted earnings for NextEra Energy, Inc. in Q4 2023 were $1.067 billion, with FPL contributing $846 million and NEER contributing $361 million[29] - Earnings per share (EPS) attributable to NextEra Energy, Inc. for Q4 2023 was $0.59, with adjusted EPS at $0.52[29] - Operating revenues for NextEra Energy totaled $24.753 billion, with FPL contributing $17.019 billion and NEER contributing $7.542 billion[31] - Net income attributable to NextEra Energy, Inc. was $6.946 billion, with FPL contributing $4.543 billion and NEER contributing $2.299 billion[31] - Adjusted earnings for NextEra Energy were $7.063 billion, with FPL contributing $4.543 billion and NEER contributing $3.118 billion[31] - Earnings per share (EPS) attributable to NextEra Energy, Inc. was $3.37, with adjusted EPS at $3.43[31] - NextEra Energy's total operating revenues for the twelve months ended December 31, 2023, were $28.114 billion, with FPL contributing $18.365 billion and NEER contributing $9.672 billion[34] - Net income attributable to NextEra Energy, Inc. for the twelve months ended December 31, 2023, was $7.310 billion, with FPL contributing $4.552 billion and NEER contributing $3.558 billion[34] - Adjusted earnings for NextEra Energy, Inc. for the twelve months ended December 31, 2023, were $6.441 billion, with FPL contributing $4.251 billion and NEER contributing $2.757 billion[34] - Earnings per share attributable to NextEra Energy, Inc. (assuming dilution) for the twelve months ended December 31, 2023, were $3.60, with FPL contributing $2.24 and NEER contributing $1.75[34] - Adjusted earnings per share for NextEra Energy, Inc. for the twelve months ended December 31, 2023, were $3.17, with FPL contributing $2.09 and NEER contributing $1.36[34] - Net income for the twelve months ended December 31, 2024, was $5.698 billion, with FPL contributing $4.543 billion and NEER contributing $1.051 billion[40] - Net income for the twelve months ended December 31, 2023, was $6.282 billion, with FPL contributing $4.552 billion and NEER reporting a loss of $800 million[42] - 2023 earnings per share attributable to NextEra Energy, Inc. was $3.60, with FPL contributing $2.24 and NEER contributing $1.75[43] - 2024 earnings per share attributable to NextEra Energy, Inc. is projected to be $3.37, with FPL contributing $2.21 and NEER contributing $1.12[43] - Adjusted earnings per share for 2024 is projected to be $3.43, up from $2.55 in 2021 and $1.33 in 2014[45] Renewable Energy and Storage Projects - NextEra Energy placed approximately 8.7 gigawatts of new renewables and storage projects into service in 2024, expanding its leadership in power generation[4] - FPL commissioned roughly 2.2 gigawatts of new solar capacity in 2024, contributing to customer savings of nearly $16 billion since 2001[7][8] - NextEra Energy Resources added more than 12 gigawatts of new renewables and battery storage projects to its backlog in 2024, bringing the total backlog to over 25 gigawatts[12] - NextEra Energy Resources is evaluating the recommissioning of its Duane Arnold Energy Center, with potential restart of operations as early as the end of 2028[13] Capital Investments and Expenditures - FPL's full-year 2024 capital investments totaled approximately $8.2 billion, with regulatory capital employed increasing by 10% year-over-year[6] - Capital expenditures for FPL during the twelve months ended December 31, 2024, were $7.992 billion, while NEER's independent power and other investments amounted to $16.215 billion[40] - Capital expenditures for FPL were $9.302 billion, while NEER's independent power and other investments totaled $15.565 billion for the twelve months ended December 31, 2023[42] Rate Adjustments and Customer Impact - FPL estimates a proposed rate adjustment would increase typical residential customer bills by an average annual rate of approximately 2.5% from 2025 through 2029[9] Operating Expenses and Costs - Total operating expenses for NextEra Energy were $4.478 billion, with fuel, purchased power, and interchange costs accounting for $1.092 billion[27] - Total operating expenses for Q4 2023 were $4.611 billion, with FPL accounting for $2.908 billion and NEER accounting for $1.593 billion[29] - Total operating expenses for NextEra Energy were $17.626 billion, with fuel, purchased power, and interchange costs accounting for $5.029 billion[31] Interest and Tax Expenses - Interest expense for NextEra Energy totaled $725 million, with FPL accounting for $304 million and NEER for $47 million[27] - Interest expense for Q4 2023 was $1.981 billion, with NEER contributing $584 million and Corporate and Other contributing $1.090 billion[29] - Income tax expense for NextEra Energy was $171 million, with FPL contributing $157 million and NEER benefiting from a $258 million tax benefit[27] - Interest expense for NextEra Energy totaled $(2.235) billion, with FPL contributing $(1.178) billion and NEER contributing $(1.114) billion[31] Investment Gains and Losses - XPLR Infrastructure, LP investment gains contributed $1.033 billion pretax and $781 million after tax to NEER's results[27][28] - XPLR Infrastructure, LP investment gains contributed $1.129 billion to pretax earnings and $852 million after tax[31][32] - Net losses associated with non-qualifying hedges had an after-tax impact of $(666) million, reducing EPS by $(0.32)[32] - Change in unrealized losses on equity securities held in NEER's nuclear decommissioning funds reduced after-tax earnings by $(74) million and EPS by $(0.03)[32] - Net losses (gains) associated with non-qualifying hedges had an after-tax impact of $(1.497) billion, with NEER contributing $(1.729) billion and Corporate and Other contributing $232 million[35] - Net losses associated with non-qualifying hedges for 2024 are projected to be $0.45, compared to $1.04 in 2021 and $0.18 in 2014[45] - XPLR Infrastructure, LP investment gains for 2024 are projected to be $0.55, compared to $0.02 in 2021 and $0 in 2014[45] - Change in unrealized losses on equity securities held in NEER's nuclear decommissioning funds for 2024 is projected to be $0.05, compared to $0.14 in 2021 and $0 in 2014[45] Asset and Liability Management - Total current assets as of December 31, 2024, were $11.951 billion, with FPL contributing $4.783 billion and NEER contributing $6.403 billion[37] - Total other assets as of December 31, 2024, were $178.193 billion, with FPL contributing $93.358 billion and NEER contributing $82.995 billion[37] - Total liabilities as of December 31, 2024, were $129.283 billion, with FPL contributing $55.065 billion and NEER contributing $35.509 billion[37] - Total equity as of December 31, 2024, was $60.460 billion, with FPL contributing $43.076 billion and NEER contributing $53.488 billion[37] - Total assets for NextEra Energy as of December 31, 2023, amounted to $177.489 billion, with current assets at $15.361 billion and other assets at $162.128 billion[38] - Total current liabilities as of December 31, 2023, were $27.963 billion, with FPL at $8.076 billion and NEER at $13.086 billion[38] - Total equity as of December 31, 2023, was $57.768 billion, with common shareholders' equity at $47.468 billion and noncontrolling interests at $10.300 billion[38] Cash Flow and Financing Activities - Net cash provided by operating activities for the twelve months ended December 31, 2024, was $13.260 billion, with FPL contributing $8.506 billion and NEER contributing $4.527 billion[40] - Long-term debt issuances for the twelve months ended December 31, 2024, totaled $24.769 billion, with FPL issuing $3.205 billion and NEER issuing $7.971 billion[40] - Retirements of long-term debt for the twelve months ended December 31, 2024, amounted to $10.113 billion, with FPL retiring $1.721 billion and NEER retiring $2.381 billion[40] - Net cash used in investing activities for the twelve months ended December 31, 2024, was $22.264 billion, with FPL using $8.384 billion and NEER using $13.532 billion[40] - Net cash provided by financing activities for the twelve months ended December 31, 2024, was $7.000 billion, with FPL using $61 million and NEER providing $8.402 billion[40] - Net cash provided by operating activities for the twelve months ended December 31, 2023, was $11.301 billion, with FPL contributing $8.296 billion and NEER contributing $3.539 billion[42] Corporate and Other Segment - Corporate and Other segment reported a net loss of $0.39 per share for 2023, with a projected net gain of $0.04 per share for 2024[43]

Core Insights - NextEra Energy, Inc. has released its fourth-quarter and full-year 2024 financial results, which are available on the company's website [1] - The company's leadership, including John Ketchum and Brian Bolster, will discuss these financial results in a live webcast presentation [2] Company Overview - NextEra Energy, Inc. is a leading clean energy company based in Juno Beach, Florida, and owns Florida Power & Light Company, the largest electric utility in America [3] - Florida Power & Light serves over 6 million customer accounts, providing clean and reliable electricity to approximately 12 million people in Florida [3] - NextEra Energy Resources, LLC, a subsidiary, is the world's largest generator of renewable energy from wind and solar, and a leader in battery storage [3] - The company also operates seven commercial nuclear power units across Florida, New Hampshire, and Wisconsin, generating emissions-free electricity [3] - NextEra Energy has received recognition for its sustainability efforts, corporate responsibility, ethics, compliance, and diversity [3]

NextEra Energy Inc. NEE is ready to report its fourth-quarter earnings on Friday before the market opens. Analysts expect the energy giant to report earnings per share (EPS) of 52 cents and revenues of $7.53 billion.Despite recent setbacks—the company’s stock is down 4.31% over the past six months and 3.64% year-to-date—NextEra Energy has a lot to prove as it faces increasing competition in the renewable energy space.JPMorgan’s Mark Strouse believes that the growth-oriented strategy of NextEra's subsidiary, ...

Core Viewpoint - NextEra Energy Inc. is expected to report a decline in fourth-quarter revenues and earnings, with a focus on its growth potential driven by improving economic conditions and increasing demand for clean energy solutions [2][20]. Financial Performance - The Zacks Consensus Estimate for NEE's fourth-quarter revenues is $6.49 billion, reflecting a decline of 5.62% year-over-year [2]. - The consensus estimate for earnings is 51 cents per share, indicating a year-over-year decline of 1.92% [2]. - The earnings estimate has decreased by 7.3% over the past 60 days [2]. - NextEra's earnings have historically beaten estimates, with an average surprise of 7.05% over the last four quarters [3][4]. Market Position and Growth Drivers - NextEra's Florida Power & Light Company is benefiting from the state's improving economic conditions, leading to new customer additions and increased demand [8]. - The company is capitalizing on rising demand from big data centers and the oil and gas sector, particularly in the Permian Basin [9]. - NextEra has a backlog of over 24 gigawatts (GW) in signed contracts, indicating strong future growth in clean power generation [10]. Stock Performance - NEE's shares have increased by 24.6% over the past year, outperforming the industry average of 23.3% [11]. - The company's trailing 12-month return on equity (ROE) stands at 11.94%, surpassing the industry average of 10.83%, indicating efficient use of shareholders' equity [13]. Valuation and Investment Outlook - NextEra is currently valued at a premium compared to its industry on a forward 12-month P/E basis [17]. - The company is well-positioned to benefit from declining interest rates, which is advantageous for capital-intensive industries [19]. - The combination of improving economic conditions, increasing clean energy demand, and efficient cost management supports a positive long-term outlook for NextEra [20].

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) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 24, 2025, might help the stock move higher if these key numbers are better tha ...

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]

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. ...

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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 ...