NextEra Energy (NEE) Surpasses Q4 Earnings Estimates

Core Insights - NextEra Energy (NEE) reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of$0.51 per share, and showing a slight increase from $0.52 per share a year ago, resulting in an earnings surprise of 3.92$5.39 billion for the quarter ended December 2024, which fell short of the Zacks Consensus Estimate by 17.33%, and represented a decline from $6.88 billion in the same quarter last year [2] - NextEra has consistently surpassed consensus EPS estimates over the last four quarters, but has not been able to beat revenue estimates during the same period [2] Earnings Outlook - The future performance of NextEra's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is$1.06 on revenues of $7.01 billion, and for the current fiscal year, it is$3.68 on revenues of $29.81 billion [7] Industry Context - The Utility - Electric Power industry, to which NextEra belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]