FX.co ★ NextEra Energy, Inc. Q4 Profit Drops, Inline With Estimates

NextEra Energy, Inc. (NEE) announced its fourth-quarter earnings, showing a decline compared to the previous year but aligning with Wall Street expectations.

For the quarter, the company reported earnings of $1.203 billion, equivalent to $0.58 per share, a slight drop from the $1.210 billion or $0.59 per share recorded during the same period last year.

After adjustments for certain items, NextEra Energy reported earnings of $1.095 billion, or $0.53 per share. This result matched the forecasted consensus from analysts, who generally exclude special items in their estimates.

The company's revenue saw a significant decrease of 21.7%, dropping to $5.385 billion from the previous year's $6.877 billion.

A summary of NextEra Energy, Inc.'s earnings under Generally Accepted Accounting Principles (GAAP) is as follows:

- Earnings: $1.203 billion compared to $1.210 billion last year.

- Earnings per Share (EPS): $0.58 compared to $0.59 last year.

- Revenue: $5.385 billion compared to $6.877 billion last year.