NextEra Energy (NEE) Tops Q1 Earnings Estimates

Group 1: Earnings Performance - NextEra Energy reported quarterly earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.97 per share, and up from $0.91 per share a year ago, representing an earnings surprise of 2.06% [1] - The company posted revenues of $6.25 billion for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 14.89%, compared to $5.73 billion in the same quarter last year [2] - Over the last four quarters, NextEra has surpassed consensus EPS estimates four times but has not beaten consensus revenue estimates during the same period [2] Group 2: Stock Performance and Outlook - NextEra shares have declined approximately 7% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.98 on revenues of $7.29 billion, and for the current fiscal year, it is $3.68 on revenues of $29.35 billion [7] Group 3: Industry Context - The Utility - Electric Power industry, to which NextEra belongs, is currently ranked in the top 14% 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 by investors or through tools like the Zacks Rank [5][6]