NextEra Energy Earnings: Here’s Why the Stock is Falling Now

NextEra Energy, Inc. (NYSE:NEE) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.01%.

NextEra Energy, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 15.87% to $1.46 in the quarter versus EPS of $1.26 in the year-earlier quarter.

Revenue: Rose 5.89% to $3.88 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: NextEra Energy, Inc. reported adjusted EPS income of $1.46 per share. By that measure, the company beat the mean analyst estimate of $1.28. It missed the average revenue estimate of $3.89 billion.

Key Stats (on next page)…

Revenue increased 18.42% from $3.28 billion in the previous quarter. EPS increased 30.36% from $1.12 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.53 to a profit $1.52. For the current year, the average estimate has moved up from a profit of $4.92 to a profit of $4.93 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)