NextEra misses Q3 topline estimates
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Contributor since / Followers
Contributor since / Followers
1 month ago
- NextEra press release (NYSE:NEE): Q3 Non-GAAP EPS of $1.03 beats by $0.06.
- Revenue of $7.57B (+5.6% Y/Y) misses by $440M.
- Outlook NextEra Energy’s long-term financial expectations remain unchanged.
- For 2024, NextEra Energy continues to expect adjusted earnings per share to be in the range of $3.23 to $3.43. For 2025, 2026 and 2027, NextEra Energy expects adjusted earnings per share to be in the ranges of $3.45 to $3.70, $3.63 to $4.00 and $3.85 to $4.32, respectively. (vs. consensus of $3.42)
- NextEra Energy also continues to expect to grow its dividends per share at a roughly 10% rate per year through at least 2026, off a 2024 base.