Earnings Beat: Here's What NextEra Energy, Inc. (NYSE:NEE) Analysts Are Forecasting For This Year

Simply Wall St.01-27

As you might know, NextEra Energy, Inc. (NYSE:NEE) just kicked off its latest full-year results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by ...

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(NYSE:NEE) Analysts Are Forecasting For This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-27 20:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-beat-heres-nextera-energy-120142283.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As you might know, NextEra Energy, Inc. (NYSE:NEE) just kicked off its latest full-year results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-beat-heres-nextera-energy-120142283.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NEE","symbol_name":"新纪元能源","start_time":0,"source_url":"https://finance.yahoo.com/news/earnings-beat-heres-nextera-energy-120142283.html","article_id":"2406506085","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/cN.LlIUoN3tMXpqeuiUx9A--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/88fedce06307b8d0a5a6b7fe29a1be66"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2406506085","pubTimestamp":1706356902,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"As you might know, NextEra Energy, Inc.  just kicked off its latest full-year results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by 6.1% to hit US$28b. Statutory earnings per share  came in at US$3.60, some 6.9% above whatthe analysts had expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on NextEra Energy after the latest results.The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NEE":"新纪元能源","NEEXU":"NextEra Energy, Inc.","NYSE":"纽交所","NEP":"Nextera Energy Partners"},"translate_title":"盈利预测：NextEra Energy，Inc。（纽约证券交易所代码：NEE）分析师对今年的预测如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEE":1,"NEEXU":1,"NYSE":1,"NEP":0.9},"content_text":"As you might know, NextEra Energy, Inc. (NYSE:NEE) just kicked off its latest full-year results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by 6.1% to hit US$28b. Statutory earnings per share (EPS) came in at US$3.60, some 6.9% above whatthe analysts had expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on NextEra Energy after the latest results. \n Check out our latest analysis for NextEra Energy \n\n\n\n  NYSE:NEE Earnings and Revenue Growth January 27th 2024\n \n\n After the latest results, the consensus from NextEra Energy's 16 analysts is for revenues of US$27.4b in 2024, which would reflect a discernible 2.6% decline in revenue compared to the last year of performance. Statutory earnings per share are forecast to reduce 5.0% to US$3.38 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$27.2b and earnings per share (EPS) of US$3.38 in 2024. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. \n The analysts reconfirmed their price target of US$70.55, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on NextEra Energy, with the most bullish analyst valuing it at US$84.00 and the most bearish at US$46.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view. \n Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that revenue is expected to reverse, with a forecast 2.6% annualised decline to the end of 2024. That is a notable change from historical growth of 8.4% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 3.4% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - NextEra Energy is expected to lag the wider industry. \nThe Bottom Line \n The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at US$70.55, with the latest estimates not enough to have an impact on their price targets. \n Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple NextEra Energy analysts - going out to 2026, and you can see them free on our platform here. \n And what about risks? Every company has them, and we've spotted   3 warning signs for NextEra Energy   (of which 1 is significant!) you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2406506085"}