What are the key financial outlook figures provided by NextEra Energy in this filing?

NextEra Energy (formerly FPL Group) reaffirmed its adjusted earnings per share (EPS) expectations for 2009 at $4.20 to $4.40 and for 2010 at $4.65 to $5.05. The company also reiterated its long-term goal of achieving at least 10% average annual adjusted EPS growth from 2006 through 2012.

What are the main risks that investors should be aware of?

The filing extensively details numerous risks, including significant regulatory and legal uncertainties (such as changes in laws and commission approvals), substantial environmental compliance costs, operational risks related to power generation and transmission infrastructure (including nuclear facilities), dependence on capital and credit markets, economic conditions in Florida and nationally, weather-related impacts, and potential disruptions from terrorism or cyber attacks.

How should investors interpret the 'adjusted earnings per share' figures?

Adjusted earnings per share exclude items such as the cumulative effect of adopting new accounting standards, the unrealized mark-to-market effect of non-qualifying hedges, and other-than-temporary impairment losses on securities held in decommissioning funds. Investors should note that these adjusted figures are not a substitute for net income prepared in accordance with Generally Accepted Accounting Principles (GAAP) and require careful consideration of the excluded items.

What assumptions underpin NextEra Energy's growth expectations?

The company's growth expectations are contingent on several assumptions, including normal weather and operating conditions, no further significant economic decline, supportive commodity markets, continued public policy support for renewables, selective transmission expansion, wind supply chain expansion, expansion of non-wind activities, access to reasonable capital markets, no acquisitions, and a constructive regulatory framework in Florida.

NEXTERA ENERGY INC 8-K: Regulation FD

Summary

This 8-K filing from NextEra Energy Inc. (NEE), formerly FPL Group, Inc., details forward-looking financial expectations and outlines significant risk factors. The company reaffirmed its adjusted earnings per share (EPS) guidance for 2009 ($4.20 to $4.40) and 2010 ($4.65 to $5.05), though management expressed more comfort with the lower end of the 2009 range. Additionally, NEE reiterated its expectation for an average annual adjusted EPS growth of at least 10% from 2006 to 2012. The filing also provides a comprehensive list of potential risks that could materially affect the company's future results. These include regulatory changes, environmental compliance costs, operational risks associated with power generation and transmission facilities, nuclear power risks, capital market volatility, and economic uncertainty. Investors should note that adjusted earnings exclude certain items and should not be considered a substitute for GAAP net income.

Key Highlights

1Reaffirmed 2009 adjusted EPS guidance of $4.20 to $4.40, with management favoring the lower end.
2Reaffirmed 2010 adjusted EPS guidance of $4.65 to $5.05.
3Reiterated commitment to at least 10% average annual adjusted EPS growth from 2006 to 2012.
4The company's forward-looking statements are subject to numerous risks and uncertainties outlined in the filing.
5Key risk categories include regulatory and legal, environmental, operational, capital markets, and economic factors.
6Adjusted earnings exclude specific items like accounting standard adoption and mark-to-market effects, requiring careful investor interpretation.
7The filing was made in conjunction with a presentation at the Barclays Capital CEO Energy/Power Conference.

NEXTERA ENERGY INC 8-K Report, Regulation FD Disclosure (Sep 10, 2009)

Summary

Key Highlights

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