NextEra Energy Earnings Preview: What to Expect

Core Insights - NextEra Energy, Inc. (NEE) is a major player in the electric power sector, focusing on clean energy sources and holding a market cap of $162 billion [1] - The company is set to announce its fiscal Q3 earnings for 2025 on October 22, 2023 [1] Financial Performance - Analysts project NEE to report a profit of $1.04 per share for Q3 2025, reflecting a 1% increase from $1.03 per share in the same quarter last year [2] - For the current fiscal year ending in December, NEE is expected to achieve a profit of $3.68 per share, which is a 7.3% increase from $3.43 per share in fiscal 2024 [3] - The company's EPS is anticipated to grow by 7.9% year-over-year to $3.97 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, NEE's stock has declined by 8.5%, underperforming the S&P 500 Index's return of 17.6% and the Utilities Select Sector SPDR Fund's increase of 7.9% [4] - Following mixed Q2 results, NEE's shares dropped by 6.1% on July 23, despite a 10.4% year-over-year revenue increase to $6.7 billion [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for NEE, with 12 out of 21 analysts recommending "Strong Buy," eight suggesting "Hold," and one advising "Strong Sell" [6] - The mean price target for NEE is set at $82.11, indicating a potential upside of 5% from current levels [6]