Nextera Energy Inc reports results for the quarter ended December 31 - Earnings Summary

• Nextera Energy Inc NEE.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 46 cents to 55 cents per share.

• Revenue fell 21.7% to $5.39 billion from a year ago; analysts expected $7.07 billion.

• Nextera Energy Inc's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $1.2 billion.

• Nextera Energy Inc shares had fallen by 3.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Nextera Energy Inc is $86.60

This summary was machine generated from LSEG data January 24 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)