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NextEra Energy: Revenue Falls Short 29%

TheMotleyFool 
0 0 24.01.25
NextEra Energy: Revenue Falls Short 29%
 

NextEra Energy (NYSE:NEE), a leading renewable energy company, announced its Q4 2024 earnings on January 24, 2025. The company reported an earnings per share (EPS) of $0.53, aligning with analyst expectations. However, it faced challenges with revenue, which amounted to $5.385 billion, missing the forecast of $7.623 billion by 29.4%. The performance indicates a stable earnings outlook but highlights room for improvement in revenue generation.

Source: Analyst estimates for the quarter provided by FactSet.

NextEra Energy is the world's largest generator of renewable energy, particularly from wind and solar, managed through its subsidiary, NextEra Energy Resources (NEER). It also focuses on battery storage. Through its Florida Power Light (FPL) arm, it provides electricity to approximately 5.9 million customer accounts in Florida. Its strategy centers on expanding renewable energy capacity and maintaining strong utility operations.

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Source Fool.com

Northeast Elec.dev. Stock

€0.017
-5.710%
Northeast Elec.dev. took a tumble today and lost -€0.001 (-5.710%).

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