Categories Earnings, Energy

NextEra Energy (NEE): Q4 2019 Earnings Snapshot

— NextEra Energy (NYSE: NEE) reported Q4 2019 earnings of $1.44 per share, vs. $1.50 expected.

— Operating revenues grew 4% to $4.5 billion, vs. $4.63 billion expected.

— Florida Power & Light Company reported GAAP net income of $400 million, or $0.81 per share.

— Gulf Power reported GAAP net income of $23 million, or $0.05 per share.

— NextEra Energy Resources reported GAAP net income of $433 million, or $0.88 per share.

— FY2020 adjusted EPS is expected to be $8.70-9.20.

— FY2022 adjusted EPS is expected to be $10.00-10.75.

— NEE shares were up 0.35% in premarket hours on Friday.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Also Read:  Visa posts upbeat second-quarter earnings

Most Popular

With right product mix and CAPEX discipline, Canopy Growth (CGC) can hit growth path

The latest quarterly performance of Canopy Growth Corporation (NYSE: CGC) was nothing short of a disaster, with the cannabis firm incurring a whopping C$1-billion loss in the final months of

Google’s cloud business is well-positioned for growth going forward

Alphabet’s (NYSE: GOOGL) subsidiary Google makes most of its money through its search and advertisement businesses but its cloud division is no small player. This segment is a significant growth

Nio (NIO) picks up speed after hitting COVID-19 roadblock and positions itself for future growth

The coronavirus outbreak impacted the automobile industry as a whole as operations were disrupted and people deferred their vehicle purchases due to a slump in the economy. Overall passenger vehicle