Energy infrastructure company NextEra Energy, Inc. (NYSE: NEE) Friday reported financial results for the fourth quarter of 2024. The company also provided long-term financial guidance.
- Net income declined modestly to $1.20 billion or $0.58 per share in Q4 from $1.21 billion or $0.59 per last year
- On an adjusted basis, fourth-quarter profit was $1.10 billion or $0.53 per share, vs. $1.07 billion or $0.52 per share in Q4 2023
- In the December quarter, operating revenues decreased sharply to $5.39 billion from $6.88 billion in the prior year quarter
- NextEra continues to expect adjusted earnings per share to be in the range of $3.45 to $3.70 in fiscal 2025
- For 2026, the company anticipates adjusted earnings to be between $3.63 per share and $4.00 per share
- For 2027, the management estimates adjusted earnings per share to be in the range of $3.85 and $4.32
- The company continues to expect to grow its dividends per share at a roughly 10% rate per year through at least 2026, off a 2024 base
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
