Earnings Preview: NextEra Energy EPS, Revenue Expected to Rise from Previous Quarter

It's time to gear up for NextEra Energy NEE earnings! Keep your head in the game: The company releases its next round of earnings this Monday, July 18, 2011. Need to brush up a bit ahead of Monday's announcement? We've got just the thing. Here's your essential guide to NextEra Energy's second quarter earnings report. The Numbers: Wall Street expects a positive EPS reading of $1.08 per share and revenues of $3.72 billion. We'll have to wait for Monday to see if NextEra Energy has accomplished the estimated 102% rise in EPS and 104% increase in revenues on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past: Q1 EPS $0.94 vs. $0.96 Estimate
Q4 EPS $0.80 vs. $0.87 Estimate
Q3 EPS $1.45 vs. $1.43 Estimate
Q2 EPS $1.11 vs. $1.06 Estimate Stock Performance: At last check, shares of NextEra Energy were trading at $57.29. Since January 1st, shares of NextEra Energy have given investors a return of 12.4%. For a full 12 months, the return has risen by 6.6%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Average Stock Rating: The average rating by analysts for NextEra Energy is a Moderate Buy. This rating has strengthened slightly over the past ninety days. Competitors: Wondering how some of the other Utilities companies are doing? Here are a few of NextEra Energy's peers in that sector.

• American Electric Power Company AEP: Hold with a $0.82 recent quarter EPS
• El Paso Electric Company EE: Strong Buy with a $0.16 recent quarter EPS
• Entergy ETR: Hold with a $1.38 recent quarter EPS

NextEra Energy is in the UTIL-ELEC PWR industry, which has experienced price/earnings growth of 3.5%. Finally, a description of the main business areas of the company, in case you need a little refresher: NextEra Energy provides electricity-related services through two operating subsidiaries, FPL and FPL Energy. Take Action: Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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