What are NextEra Energy's adjusted EPS growth expectations through 2016?

NextEra Energy expects to achieve average adjusted earnings per share (EPS) growth of approximately 5-7% per year through 2016, from a 2012 adjusted EPS base. This translates to an adjusted EPS expectation of $5.50 to $6.00 for 2016.

What specific items are excluded from the 'adjusted' EPS figures?

The adjusted EPS figures exclude items such as 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 nuclear decommissioning funds. For 2013, specific after-tax gains/losses from asset sales and impairments recorded in Q1 2013 are also excluded.

Are these 'adjusted' EPS figures reliable indicators of future performance?

The filing emphasizes that adjusted earnings do not represent a substitute for net income prepared under GAAP. These projections are forward-looking statements subject to numerous risks and uncertainties, and actual results could differ materially. Investors are advised to review the detailed cautionary statements and risk factors provided in the filing and other SEC reports.

Where can investors find the presentation materials discussed?

Investors and interested parties can access the presentation materials by visiting the company's investor relations website at www.NextEraEnergy.com/investors.

NEXTERA ENERGY INC 8-K: Regulation FD

Summary

This 8-K filing from NextEra Energy Inc. (NEE) on September 11, 2013, primarily serves as a Regulation FD disclosure, informing investors about the company's planned discussions regarding its long-term growth expectations. Management intends to reaffirm its 2013 adjusted earnings per share (EPS) outlook, targeting the upper half of the previously announced range of $4.70 to $5.00. Crucially, the company also reiterated its expectation for average adjusted EPS growth of approximately 5-7% annually through 2016, projecting 2016 adjusted EPS to be between $5.50 and $6.00. The filing also details numerous adjustments that are excluded from these "adjusted" EPS figures, such as accounting standard changes, unrealized mark-to-market effects of non-qualifying hedges, and impairment losses on nuclear decommissioning funds. For 2013 specifically, certain one-time gains and losses related to asset sales and impairments are also excluded. Investors should note that these adjusted figures are not a substitute for GAAP net income and are subject to a comprehensive list of cautionary statements and risk factors detailed in the filing.

Key Highlights

1NextEra Energy reaffirmed its 2013 adjusted EPS expectations to be in the upper half of the $4.70-$5.00 range.
2The company projected average adjusted EPS growth of 5-7% per year through 2016, based on a 2012 adjusted EPS base.
3Projected adjusted EPS for 2016 is expected to be in the range of $5.50 to $6.00.
4Specific items are excluded from adjusted EPS calculations, including accounting standard changes, mark-to-market effects, and certain impairment losses.
5The 2013 adjusted EPS outlook excludes specific after-tax gains/losses from asset sales and impairments recorded in Q1 2013.
6The company's outlook is contingent on several assumptions, including normal weather, economic recovery, supportive public policy, access to capital, and stable tax policy.
7A comprehensive list of cautionary statements and risk factors is provided, emphasizing the forward-looking nature of these projections.

NEXTERA ENERGY INC 8-K Report, Regulation FD Disclosure (Sep 11, 2013)

Summary

Key Highlights

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