What are NextEra Energy's earnings per share expectations for 2012 and 2014?

NextEra Energy reaffirmed its 2012 adjusted EPS guidance of $4.35 to $4.65 and its 2014 adjusted EPS expectations of $5.05 to $5.65.

What factors are excluded from NextEra Energy's adjusted earnings per share (EPS) guidance?

The adjusted EPS expectations exclude the cumulative effect of adopting new accounting standards, the unrealized mark-to-market effect of non-qualifying hedges, and net other than temporary impairment losses on securities held in NextEra Energy Resources, LLC's nuclear decommissioning funds.

What are some of the key assumptions underlying NextEra Energy's earnings guidance?

The guidance assumes, among other things, normal weather and operating conditions, no significant decline in the national or Florida economy, supportive commodity markets, public policy support for wind and solar development, market demand and transmission expansion for renewables, access to capital at reasonable costs, no acquisitions or divestitures, no adverse litigation, and no changes to federal or state tax policy or incentives.

What types of risks does NextEra Energy highlight in this filing?

NextEra Energy highlights a broad spectrum of risks including regulatory and legislative risks (e.g., cost recovery through rates, environmental regulations, government incentive changes), operational risks (e.g., project delays, facility outages, weather impacts, cybersecurity), and financial risks (e.g., capital market volatility, credit ratings, pension plan performance, nuclear decommissioning fund asset values).

NEXTERA ENERGY INC 8-K: Regulation FD

Summary

This 8-K filing from NextEra Energy, Inc. (NEE) on March 7, 2012, primarily serves to disclose forward-looking statements and extensive risk factors ahead of investor meetings. The company reaffirmed its 2012 adjusted earnings per share (EPS) guidance of $4.35 to $4.65 and its 2014 adjusted EPS expectations of $5.05 to $5.65. These projections are contingent on various assumptions including normal weather, stable economic conditions, supportive public policy for renewables, access to capital, and no significant acquisitions, divestitures, litigation, or changes in tax policy. The bulk of the filing details a comprehensive list of risks that could materially impact NEE's and its subsidiary Florida Power & Light Company's (FPL) future results. These risks span regulatory, legislative, operational, environmental, and financial areas, including potential impacts from new environmental regulations, changes in government incentives for renewables, market volatility, interest rate fluctuations, and cybersecurity threats. Investors should pay close attention to these risks as they provide crucial context to the company's growth expectations and potential challenges.

Key Highlights

1NextEra Energy reaffirmed its 2012 adjusted EPS guidance of $4.35 to $4.65.
2The company reaffirmed its 2014 adjusted EPS expectations of $5.05 to $5.65.
3The disclosed earnings expectations are "adjusted" and exclude certain items like accounting standard changes and mark-to-market effects.
4Forward-looking statements are subject to numerous assumptions, including normal weather, stable economic conditions, and supportive public policy for renewables.
5The filing extensively details a wide range of potential risks that could materially affect the company's financial results.
6Key risk areas include regulatory changes, environmental regulations, operational challenges, and capital market volatility.

NEXTERA ENERGY INC 8-K Report, Regulation FD Disclosure (Mar 7, 2012)

Summary

Key Highlights

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