Summary
This 8-K filing from NextEra Energy, Inc. (NEE) on June 15, 2015, primarily serves as a Regulation FD disclosure. The company's management plans to meet with investors between June 17, 2015, and July 1, 2015. During these meetings, they will reaffirm NextEra Energy's previously announced adjusted earnings per share (EPS) expectations for 2015 and 2016, as well as its projected average adjusted EPS growth rate of 5-7% annually through 2018, based on a 2014 adjusted EPS baseline. Key financial targets include 2015 adjusted EPS of $5.40-$5.70 and 2016 adjusted EPS of $5.75-$6.25. The company provides a comprehensive list of exclusions for its adjusted EPS calculations, such as the impact of new accounting standards, unrealized mark-to-market effects, and certain impairment losses. The filing also outlines numerous assumptions underlying these expectations, including normal weather, economic recovery, supportive public policy for renewables, and access to capital. Investors are advised to consult the accompanying cautionary statements and risk factors for a full understanding of potential uncertainties.
Key Highlights
- 1NextEra Energy (NEE) reaffirms 2015 and 2016 adjusted EPS guidance.
- 2Projected average adjusted EPS growth of 5-7% annually through 2018 from a 2014 base.
- 32015 adjusted EPS expectation: $5.40 - $5.70.
- 42016 adjusted EPS expectation: $5.75 - $6.25.
- 5Key assumptions include normal weather, economic recovery, and supportive renewable energy policies.
- 6Adjusted EPS excludes specific items like accounting standard changes and mark-to-market effects.
- 7Presentation materials are available on NextEra Energy's investor relations website.