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NEE NextEra Energy Inc

70.30
0.16 (0.23%)
Pre Market
Last Updated: 13:37:27
Delayed by 15 minutes
Share Name Share Symbol Market Type
NextEra Energy Inc NYSE:NEE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.23% 70.30 6,393 13:37:27

NextEra Energy Affirms Previous Earnings Guidance

24/07/2020 1:40pm

Dow Jones News


NextEra Energy (NYSE:NEE)
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By Matt Grossman

 

NextEra Energy Inc. on Friday affirmed previously issued financial guidance forecasting 6% to 8% adjusted earnings per share growth annually in 2021 and 2022.

The Juno Beach, Fla.-based utility said it expects full-year 2020 adjusted earnings to be between $8.70 a share and $9.20 a share. Analysts polled by FactSet have forecast full-year earnings of $9.09 a share.

Operating cash flow is expected to grow in line with adjusted earnings, NextEra said.

"I will be disappointed if we are not able to deliver financial results at or near the top end of our adjusted earnings per share expectations ranges in 2020, 2021 and 2022," Chairman and Chief Executive Jim Robo said.

The guidance accounts for a reasonable range of impacts and outcomes from the Covid-19 pandemic, Mr. Robo added.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

July 24, 2020 08:25 ET (12:25 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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