NextEra Energy Q4 Adj. EPS $0.52 Beats $0.49 Estimate, Sales $6.88B Beat $5.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy (NYSE:NEE) reported Q4 adjusted earnings per share (EPS) of $0.52, surpassing the analyst consensus estimate of $0.49 by 6.12%. This represents a 1.96% increase from the $0.51 EPS reported in the same quarter last year. Quarterly sales reached $6.88 billion, exceeding the consensus estimate of $5.70 billion by 20.65% and marking an 11.57% increase from the $6.16 billion reported in the previous year's quarter.
January 25, 2024 | 12:32 pm
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NextEra Energy reported strong Q4 earnings, beating EPS and sales estimates with year-over-year growth. The EPS of $0.52 exceeded estimates by 6.12% and sales of $6.88B surpassed estimates by 20.65%.
NextEra Energy's better-than-expected earnings and sales figures are likely to instill confidence in investors and could lead to a short-term positive impact on the stock price. The significant beat on both top and bottom lines indicates strong operational performance and may result in upward price movement as the market reacts to the positive news.
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IMPORTANCE 90
RELEVANCE 100