NEE Earnings Prediction
The chart below shows how NEE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NEE sees a -1.87% change in stock price 10 days leading up to the earnings, and a -0.46% change 10 days following the report. On the earnings day itself, the stock moves by +1.57%. This data can give you a slight idea of what to expect for the next quarter's release.
NEE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.57B
5.51%
24.68%
Gross Margin
59.13%
15.83%
6.18%
Operating Margin
39.34%
14.49%
24.41%
Net Margin
21.03%
47.99%
-1.50%
EPS
0.90
50.00%
13.92%
No Data Available
NEE Earnings Analysis
Nextra Energy, Inc. Corporation (NEE.N) Earnings Conference Call
Positive
Earnings Per Share Growth: Adjusted earnings per share for the third quarter increased approximately 10% year-over-year, reflecting continued solid financial and operational performance.
Strong Q3 Earnings Per Share: Adjusted earnings per share for the third quarter was $1.03, demonstrating strong financial results.
Renewables Backlog Expansion: NextEra Energy added approximately 3 gigawatts to its backlog, bringing the total running four-quarter total to approximately 11 gigawatts, indicating robust underlying demand for new renewables generation and storage.
Renewable Energy Agreements: The company announced incremental framework agreements with two Fortune 50 customers for the potential development of renewables and storage projects, totaling up to 10.5 gigawatts between now and 2030, showcasing strong customer growth.
Retail Sales Growth: NextEra Energy's retail sales increased by 1% from the prior year comparable period, indicating positive customer growth.
Negative
Customer Supply Decline: Customer supply was a negative $0.10 year-over-year drag.
EBITDA Decline Analysis: Third quarter adjusted EBITDA declined by approximately $35 million from the same period last year.
Cash Distribution Decline: Third quarter cash available for distribution declined by approximately $92 million from the same period last year.
Interest Payment Impact: The first interest payment on the partnership's December 2023 HoldCo debt issuance negatively impacted cash available for distribution.
Cash Distribution Impact: The third quarter cash available for distribution was negatively impacted by the first interest payment on the partnership's December 2023 HoldCo debt issuance.
NEE FAQs
How does NEE typically perform around its earnings report dates?
Is NextEra Energy, Inc. (NEE) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NEE Earning Call Sentiment
NextEra Energy, Inc. (NEE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NEE.N
1.37%Positive
The earnings call highlights strong financial performance with a 10% increase in adjusted EPS, positive growth in FPL's earnings, and a solid dividend growth expectation. The collaboration with Google and Entergy on renewable projects is a positive market strategy. Despite some uncertainties in the Q&A, the overall sentiment is positive due to strong financials, optimistic guidance, and strategic partnerships. The lack of a share repurchase program is a minor downside, but the overall impact on stock price is likely positive.