Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, transmits, distributes, and sells electric power to retail and wholesale customers. Valued at a market cap of $162 billion, the company generates electricity through wind, solar, nuclear, natural gas, and other clean energy sources. It is expected to announce its fiscal Q3 earnings for 2025 on Wednesday, Oct. 22.
Before this event, analysts expect this utility company to report a profit of $1.04 per share, up 1% from $1.03 per share in the year-ago quarter. The company has a solid trajectory of consistently beating Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $1.05 per share in the previous quarter topped the consensus estimates by 2.9%.
For the current fiscal year ending in December, analysts expect NEE to report a profit of $3.68 per share, up 7.3% from $3.43 per share in fiscal 2024. Its EPS is expected to further grow 7.9% year-over-year to $3.97 in fiscal 2026.
NextEra Energy has declined 8.5% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 17.6% return and the Utilities Select Sector SPDR Fund’s (XLU) 7.9% uptick over the same time frame.
On Jul. 23, shares of NEE plunged 6.1% after it delivered mixed Q2 results. While the company’s revenue increased 10.4% year over year to $6.7 billion, it fell short of consensus estimates by 7.2%, causing investors to become jittery. However, due to solid financial and operational performance across both of its reportable segments, its adjusted EPS of $1.05 improved 9.4% from the year-ago quarter, beating Wall Street estimates by 2.9%.
Wall Street analysts are moderately optimistic about NEE’s stock, with a "Moderate Buy" rating overall. Among 21 analysts covering the stock, 12 recommend "Strong Buy," eight indicate "Hold," and one suggests a "Strong Sell” rating. The mean price target for NEE is $82.11, indicating a 5% potential upside from the current levels.
