- NextEra Energy maintains its FY adjusted EPS forecast, seeing an adjusted EPS of $3.23 to $3.43.
- The EPS estimate for FY stands at $3.40.
- For the first quarter, adjusted EPS stood at 91c compared to 84c y/y, beating the estimate of 76c.
- The FPL segment reported an adjusted EPS of 57c, which outperformed the 46c estimate.
- The overall EPS was $1.10, an increase from $1.04 y/y.
- The company’s operating revenue was reported at $5.73 billion, falling short of the estimated $6.21 billion.
- The FPL segment’s operating revenue was $3.83 billion, below the estimated $3.89 billion.
- NEER reported operating revenue of $1.86 billion, lower than the estimated $1.96 billion.
- The corporate & other segment recorded operating revenue of $33.0 million.
- NextEra Energy announced plans to repower additional wind facilities, taking the company closer to achieving its targets.
- The company anticipates not needing any acquisitions this year to attain their targeted 6% growth rate.
- NextEra Energy aims to not require growth equity till 2027.
- The company plans to repower an additional approximately 100 megawatts MW of wind facilities through 2026.
- Presently, the company has 18 buys, 4 holds, and 1 sell.
A look at Nextera Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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 leading provider of sustainable energy generation and distribution services, has received promising Smartkarma Smart Scores across various key factors. With a solid Growth score of 4 and strong Momentum score of 4, the company shows signs of robust performance and forward momentum in the long run. This indicates a positive outlook for NextEra Energy’s future expansion and development initiatives.
However, the company’s Value score of 3 suggests a moderate valuation, while its Resilience score of 2 highlights some areas of potential vulnerability. Despite these considerations, NextEra Energy’s balanced scores across different metrics position it well for sustained growth and innovation in the renewable energy sector, making it a company to watch in the evolving energy landscape.
Summary: NextEra Energy, Inc. is a sustainable energy company that specializes in electricity generation through wind, solar, natural gas, and commercial nuclear power units. With a focus on renewable energy solutions, NextEra Energy is poised for continued growth and innovation in the industry.
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.
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