NEE
$75.13
Nextera Energy
($.84)
(1.11%)
Earnings Details
3rd Quarter September 2020
Wednesday, October 21, 2020 7:30:00 AM
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Summary

Nextera Energy Misses

Nextera Energy (NEE) reported 3rd Quarter September 2020 earnings of $2.66 per share on revenue of $4.8 billion. The consensus earnings estimate was $2.65 per share on revenue of $5.6 billion. The Earnings Whisper number was $2.77 per share. Revenue fell 14.1% compared to the same quarter a year ago.

The company said it continues to expect 2020 earnings of $8.72 to $9.20 per share, 2021 earnings of $9.60 to $10.15 per share, and 2022 earnings of $10.20 to $11.00 per share prior to its four-for-one stock split. The current consensus earnings estimate is $9.17 per share for the year ending December 31, 2020, $10.06 per share for the year ending December 31, 2021, and $10.90 per share for the year ending December 31, 2022.

NextEra Energy Inc is an electric power company in North America, with approximately 42,500 MW of generating capacity in 26 states in the U.S. and 4 provinces in Canada.

Results
Reported Earnings
$2.66
Earnings Whisper
$2.77
Consensus Estimate
$2.65
Reported Revenue
$4.79 Bil
Revenue Estimate
$5.59 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

NextEra Energy third-quarter 2020 financial results available on company's website

JUNO BEACH, Fla., Oct. 21, 2020 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its third-quarter 2020 financial results in a news release available on the company's website by accessing the following link: www.NextEraEnergy.com/FinancialResults.

Jim Robo, chairman and chief executive officer of NextEra Energy, Rebecca Kujawa, executive vice president, finance and chief financial officer of NextEra Energy, and other members of the company's senior management team will discuss the company's third-quarter 2020 financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET today. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/FinancialResults. Also discussed during the investor presentation will be financial results for NextEra Energy Partners, LP (NYSE: NEP). A replay will be available for 90 days by accessing the same link as listed above.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns two electric companies in Florida: Florida Power & Light Company, which serves more than 5.1 million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves approximately 470,000 customers in eight counties throughout northwest Florida. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune's 2020 list of "World's Most Admired Companies" and ranked among the top 25 on Fortune's 2018 list of companies that "Change the World." For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.GulfPower.com, www.NextEraEnergyResources.com.

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SOURCE NextEra Energy, Inc.