NextEra Energy Maintains FY21 Adj. EPS Outlook - Quick Facts

While reporting financial results for the second quarter on Friday, clean energy company NextEra Energy, Inc. (NEE) maintained its adjusted earnings guidance for the full year 2021. It also reaffirmed its outlook for fiscal 2022 and 2023.

For fiscal 2021, the company continues to expect adjusted earnings in the range of $2.40 to $2.54 per share.

On average, 19 analysts polled by Thomson Reuters expect the company to report earnings of $2.52 per share for the year. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2022 and 2023, NextEra Energy expects to grow 6 to 8 percent off the expected 2021 adjusted earnings per share, translating to adjusted earnings in a range of $2.55 to $2.75 per share in fiscal 2022 and $2.77 to $2.97 per share in fiscal 2023. The Street is currently looking for earnings of $2.73 per share for fiscal 2022.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Electric Company (GE) said it delivered a strong third quarter as orders grew, and margins continued to improve from a year ago. Adjusted GE Industrial organic profit increased 54% year-on-year, organically, driven primarily by increases at Aviation and Power, partially offset by decreases at... Ward Hill, Massachusetts-based Cedar's Mediterranean Foods is recalling Cedar's Organic Mediterranean Hommus citing undeclared pine nut, an allergen, the U.S. Food and Drug Administration said. The Cedar's Organic Mediterranean Hommus is packaged in a 10 oz. plastic container, with a UPC Code: 044115403028. Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up to $0.6 billion of shares during the fourth quarter. The company will provide strategic update on February 1, 2022.
Follow RTT