Categories: Market News

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.

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