Summary
This 8-K/A filing from NextEra Energy Inc. (formerly FPL Group) on October 27, 2009, primarily serves to clarify guidance regarding its earnings per share (EPS) expectations. The company held a conference call to discuss its third-quarter 2009 financial results. During this call, FPL Group updated its adjusted EPS expectations for both 2009 and 2010. Crucially, the company stated that its previous long-term guidance of at least 10% average adjusted EPS growth annually from 2006 to 2012 should no longer be relied upon.
Key Highlights
- 1NextEra Energy (FPL Group) revised its 2009 and 2010 adjusted earnings per share (EPS) expectations.
- 2The company explicitly stated that its previously issued guidance for 10% average annual adjusted EPS growth from 2006 to 2012 is no longer valid and should not be relied upon.
- 3New longer-term earnings expectations are planned to be provided at an investor conference in May 2010.
- 4The information was disclosed during a public conference call discussing third-quarter 2009 financial results.
- 5This filing acts as an amendment to a previous 8-K filed on October 27, 2009, likely to provide further clarity on the guidance changes.