- NextEra Energy’s fourth-quarter adjusted earnings per share (EPS) missed estimates, reporting 53 cents against an estimate of 54 cents.
- The Florida Power & Light segment reported an adjusted EPS of 41 cents, while the Nextera Energy Resources segment reported 22 cents.
- Reported EPS for the quarter was 58 cents, slightly below the previous year’s 59 cents.
- Operating revenue for the fourth quarter came in at $5.39 billion, falling short of the estimated $7.7 billion.
- The Florida Power & Light (FPL) segment had operating revenue of $3.86 billion, compared to an estimate of $4.56 billion.
- Nextera Energy Resources (NEER) reported operating revenue of $1.45 billion, missing the estimated range of $2.08 billion.
- The corporate & other segment’s operating revenue was $82 million.
- NextEra Energy maintains a 2025 forecast of adjusted EPS between $3.45 and $3.70, compared to an estimate of $3.68.
- For 2026, the forecasted adjusted EPS is between $3.63 and $4.00.
- Looking ahead to 2027, the company anticipates an adjusted EPS range of $3.85 to $4.32.
- The CEO expressed confidence, expecting results to meet or exceed the top of the adjusted EPS range through 2027.
- The company forecasts 6% to 8% annual earnings growth through 2027, starting from 2024 adjusted EPS expectations.
- Operating cash flow is expected to grow at or above the adjusted EPS growth rate from 2023 to 2027.
- NextEra Energy plans to grow its dividend by approximately 10% annually through at least 2026, based on the 2024 base.
- The company has 16 buy ratings, 8 holds, and 1 sell rating from analysts.
“`
Nextera Energy on Smartkarma
Analyst coverage of NextEra Energy on Smartkarma reveals a positive sentiment towards the company’s performance and future prospects according to Baptista Research. The report highlights NextEra Energy’s strong performance in the third quarter of 2024, with a notable increase of approximately 10% in adjusted earnings per share compared to the previous year. Key drivers of this growth include solid financial and operational results from Florida Power & Light (FPL) and Energy Resources. Moreover, NextEra Energy’s expansion in renewables and storage is emphasized, with the addition of 3 gigawatts to its backlog in the recent quarter and strategic agreements with Fortune 50 companies for potential development of up to 10.5 gigawatts of clean energy projects.
Baptista Research‘s bullish outlook on NextEra Energy is supported by the company’s positioning in the clean energy transition and its continuous growth in renewable energy projects. With a growing backlog and strategic partnerships in place, NextEra Energy is poised to capitalize on the increasing demand for clean energy solutions. Investors can look to the company’s strong financial performance and expansion efforts as indicators of its resilience and potential for long-term growth in the renewable energy sector.
A look at Nextera Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
NextEra Energy, a company focused on sustainable energy generation, holds promising long-term potential according to the Smartkarma Smart Scores analysis. With strong scores in Growth and Dividend categories, the company is poised for significant expansion and offers attractive returns to investors. NextEra’s emphasis on renewable energy sources like wind and solar positions it well for future market demands and environmental sustainability.
Despite a lower score in Resilience, NextEra Energy’s overall outlook remains positive, supported by its solid performance in key areas. The company’s diversified energy generation portfolio, including commercial nuclear power units, enhances its stability in the market. Balanced scores in Value and Momentum indicate a steady growth trajectory, making NextEra Energy a compelling choice for investors seeking a sustainable and profitable investment in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
