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. The company’s focus on expanding its renewable fleet is impressive and should help it meet regulatory mandates on carbon emission.
However, stringent regulations, volatile commodity prices, erratic weather pattern and operational hazards pose major threats to the company.
Estimate Trend & Surprise History
Investors should note that the second quarter 2017 Zacks Consensus Estimate for earnings of $1.76 per share has remained unchanged in the last 90 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 4.28%.
Zacks Rank: Currently, NextEra Energy has a Zacks Rank #3 (Hold) but that could change following its second 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 surpassed expectations. While Zacks Consensus Estimate called for second-quarter EPS of $1.76, the company reported an EPS of $1.86 beating it by 5.7%.
Revenue: NextEra Energy posted revenues of $4,404 million in the second quarter, higher than Zacks consensus estimate of $4,353 million by 1.2%.
Key Stats: During the second quarter 2017, NextEra Energy’ principal electric subsidiary Florida Power & Light Company’s average customer count went up by 1.3% year over year.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this NextEra Energy earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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. The company’s focus on expanding its renewable fleet is impressive and should help it meet regulatory mandates on carbon emission.
However, stringent regulations, volatile commodity prices, erratic weather pattern and operational hazards pose major threats to the company.
Estimate Trend & Surprise History
Investors should note that the second quarter 2017 Zacks Consensus Estimate for earnings of $1.76 per share has remained unchanged in the last 90 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 4.28%.
Zacks Rank: Currently, NextEra Energy has a Zacks Rank #3 (Hold) but that could change following its second 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 surpassed expectations. While Zacks Consensus Estimate called for second-quarter EPS of $1.76, the company reported an EPS of $1.86 beating it by 5.7%.
Revenue: NextEra Energy posted revenues of $4,404 million in the second quarter, higher than Zacks consensus estimate of $4,353 million by 1.2%.
Key Stats: During the second quarter 2017, NextEra Energy’ principal electric subsidiary Florida Power & Light Company’s average customer count went up by 1.3% year over year.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this NextEra Energy earnings report later!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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