NextEra Energy 2Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 5 cents per share, NextEra Energy (NYSE:NEE) is expected to deliver its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect NextEra Energy to come in with earnings of $1.14 per share on revenues of $3.88 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past two months, the average estimate has moved up from $1.12.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $2.63 per share between July 9, 2012 and July 20, 2012. Looking at change over the last three months, from April 25, 2012 and July 20, 2012, the stock price is up $6.08 (9.4%), from $64.41 to $70.49.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 14 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 72% to $461 million ($1.11 a share) from $268 million (64 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 7.6% to $3.37 billion from $3.13 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: $1.14
Revenue Estimate: $3.88 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)