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Market Overview

NextEra Energy Partners's Earnings: A Preview

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On Tuesday, January 26, NextEra Energy Partners (NYSE:NEP) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects EPS of $0.3 and sales around $318.11 million. NextEra Energy Partners EPS in the same period a year ago totaled $0.5. Revenue was $206.00 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 40.0% decrease for the company. Sales would be have grown 54.42% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.44 0.36 0.20 0.2
EPS Actual 0.76 0.69 -3.39 0.5
Revenue Estimate 336.88 M 338.10 M 302.66 M 319.11 M
Revenue Actual 240.00 M 253.00 M 212.00 M 206.00 M

Stock Performance

Over the last 52-week period, shares of NextEra Energy Partners are up 56.84%.

Do not be surprised to see the stock move on comments made during its conference call. NextEra Energy Partners is scheduled to hold the call at 09:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings