Recap: NextEra Energy Q2 Earnings

Recap: NextEra Energy Q2 Earnings

 

NextEra Energy NEE reported its Q2 earnings results on Friday, July 22, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

NextEra Energy beat estimated earnings by 10.96%, reporting an EPS of $0.81 versus an estimate of $0.73.

Revenue was up $1.26 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 2.93% drop in the share price the next day.

Here's a look at NextEra Energy's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.69 0.40 0.72 0.68
EPS Actual 0.74 0.41 0.75 0.71
Revenue Estimate 5.20B 6.26B 5.37B 4.97B
Revenue Actual 2.89B 5.05B 4.37B 3.93B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

NextEra Energy management provided guidance for FY 2022, expecting earnings between $2.8 and $2.9 per share.

To track all earnings releases for NextEra Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings