We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
NextEra Energy (NEE) Lags on Q4 Earnings, Revenues Beat
Read MoreHide Full Article
Juno Beach, FL-based NextEra Energy Inc. (NEE - Free Report) is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy.
To provide reliable services to its customers, NextEra Energy continues to expand its scale of operations and utilize modern technologies, primarily at its FPL utility. Improving economic condition in its service territories, natural gas pipeline projects and additions to renewable generation assets will boost its performance.
Estimate Trend & Surprise History
Investors should note that the fourth quarter 2017 Zacks Consensus Estimate for earnings of $1.31 per share has decreased by 1.5% in the last 60 days.
Coming to the earnings surprise, NextEra Energy has surpassed the Zacks Consensus Estimate in three out of the last four quarters, resulting in a positive average surprise of 4.34%.
We have highlighted some of the key details from the just-released announcement below:
Earnings: NextEra Energy’s earnings lagged expectations. While Zacks Consensus Estimate called for fourth-quarter EPS of $1.31, the company reported an EPS of $1.25 missing it by 4.6%
Revenue: NextEra Energy posted revenues of $4,010 million in the fourth quarter, surpassing than Zacks Consensus Estimate of $3,910 million by 2.6%.
Key Stats: During the fourth quarter 2017, NextEra Energy’ principal electric subsidiary Florida Power & Light Company’s average customer count went up by 55,300 year over year.
Stock Price: It would be interesting to see how the market reacts to the earnings release during the trading session today.
Check back later for our full write up on this NextEra Energy earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Image: Bigstock
NextEra Energy (NEE) Lags on Q4 Earnings, Revenues Beat
Juno Beach, FL-based NextEra Energy Inc. (NEE - Free Report) is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy.
To provide reliable services to its customers, NextEra Energy continues to expand its scale of operations and utilize modern technologies, primarily at its FPL utility. Improving economic condition in its service territories, natural gas pipeline projects and additions to renewable generation assets will boost its performance.
Estimate Trend & Surprise History
Investors should note that the fourth quarter 2017 Zacks Consensus Estimate for earnings of $1.31 per share has decreased by 1.5% in the last 60 days.
Coming to the earnings surprise, NextEra Energy has surpassed the Zacks Consensus Estimate in three out of the last four quarters, resulting in a positive average surprise of 4.34%.
NextEra Energy, Inc. Price and EPS Surprise
NextEra Energy, Inc. Price and EPS Surprise | NextEra Energy, Inc. Quote
Zacks Rank: Currently, NextEra Energy has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: NextEra Energy’s earnings lagged expectations. While Zacks Consensus Estimate called for fourth-quarter EPS of $1.31, the company reported an EPS of $1.25 missing it by 4.6%
Revenue: NextEra Energy posted revenues of $4,010 million in the fourth quarter, surpassing than Zacks Consensus Estimate of $3,910 million by 2.6%.
Key Stats: During the fourth quarter 2017, NextEra Energy’ principal electric subsidiary Florida Power & Light Company’s average customer count went up by 55,300 year over year.
Stock Price: It would be interesting to see how the market reacts to the earnings release during the trading session today.
Check back later for our full write up on this NextEra Energy earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>