Utilities | Electric Utilities | USA
NextEra Energy's (NEE) Q4 Earnings & Revenues Lag Estimates
NextEra Energy, Inc. NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, lagging the Zacks Consensus Estimate of $1.51 by 1.3%. However, earnings were up 20.2% on a year-over-year basis.
The year-over-year earnings growth was led by solid contribution from the NextEra Energy Resources segment.
On a GAAP basis, NextEra Energy recorded earnings of 88 cents per share, down from $4.55 a year ago.
Total Revenues
In the fourth quarter, NextEra Energy’s operating revenues were $4,390 million, lagging the Zacks Consensus Estimate of $4,431 million by 0.9%. However, the reported revenues were up 9.6% year over year. Proper execution of its operational and financial plans allowed NextEra Energy to report strong year-over-year results.
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https://finance.yahoo.com/news/nextera-e...04630.html
NextEra Energy's (NEE) Q4 Earnings & Revenues Lag Estimates
NextEra Energy, Inc. NEE reported fourth-quarter 2018 adjusted earnings of $1.49 per share, lagging the Zacks Consensus Estimate of $1.51 by 1.3%. However, earnings were up 20.2% on a year-over-year basis.
The year-over-year earnings growth was led by solid contribution from the NextEra Energy Resources segment.
On a GAAP basis, NextEra Energy recorded earnings of 88 cents per share, down from $4.55 a year ago.
Total Revenues
In the fourth quarter, NextEra Energy’s operating revenues were $4,390 million, lagging the Zacks Consensus Estimate of $4,431 million by 0.9%. However, the reported revenues were up 9.6% year over year. Proper execution of its operational and financial plans allowed NextEra Energy to report strong year-over-year results.
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https://finance.yahoo.com/news/nextera-e...04630.html