NextEra Energy NEE reported its Q2 earnings results on Friday, July 22, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
NextEra Energy beat estimated earnings by 10.96%, reporting an EPS of $0.81 versus an estimate of $0.73.
Revenue was up $1.26 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.93% drop in the share price the next day.
Here's a look at NextEra Energy's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.69 | 0.40 | 0.72 | 0.68 |
EPS Actual | 0.74 | 0.41 | 0.75 | 0.71 |
Revenue Estimate | 5.20B | 6.26B | 5.37B | 4.97B |
Revenue Actual | 2.89B | 5.05B | 4.37B | 3.93B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
NextEra Energy management provided guidance for FY 2022, expecting earnings between $2.8 and $2.9 per share.
To track all earnings releases for NextEra Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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