NextEra Energy, Inc. (NYSE:NEE) Earnings Preview: …

From Financial Modeling Prep: 2025-01-23 02:00:04

In preparation for NextEra Energy, Inc.’s (NYSE:NEE) fourth-quarter 2024 earnings release on January 24, 2025, Wall Street analysts estimate an EPS of $0.53 and revenue around $7.97 billion. The Zacks Consensus Estimate differs slightly, projecting an EPS of $0.51 and revenue of $6.49 billion, indicating uncertainty in NEE’s financial performance.

Despite the varied projections, NEE has a history of exceeding earnings expectations, with an average surprise of 7.05% over the last four quarters. Factors such as Florida’s strong economic conditions and increased customer demand are expected to positively impact earnings. However, the current model does not definitively predict an earnings beat this time.

Analysts remain bullish on NEE, with an average brokerage recommendation (ABR) of 1.90, signaling a positive outlook. Of the 21 brokerage firms, 12 rate it as a Strong Buy, reinforcing confidence in NEE’s long-term growth potential. The company’s financial metrics, including a P/E ratio of approximately 20.23 and price-to-sales ratio of about 5.36, reflect investor optimism in its future prospects.



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