Summary
NextEra Energy, Inc. (NEE) announced on June 11, 2024, during its 2024 Investor Conference, that it is reaffirming its previously issued adjusted earnings per share (EPS) expectations for 2024, 2025, and 2026. The company also introduced its adjusted EPS expectations for 2027. These reaffirmations and new guidance suggest continued confidence in NEE's operational performance and strategic outlook. Specifically, NEE reaffirmed the 2024 adjusted EPS range of $3.23 to $3.43, the 2025 range of $3.45 to $3.70, and the 2026 range of $3.63 to $4.00. The newly introduced 2027 adjusted EPS expectation is in the range of $3.85 to $4.32. It is important for investors to note that these adjusted earnings figures are non-GAAP measures and exclude various items, such as the impact of accounting standard adoptions, non-qualifying hedges, and other specific financial items. Investors can find the full presentation materials on the company's investor relations website.
Key Highlights
- 1Reaffirmed adjusted EPS expectations for 2024 ($3.23-$3.43), 2025 ($3.45-$3.70), and 2026 ($3.63-$4.00).
- 2Introduced adjusted EPS expectations for 2027, projecting a range of $3.85 to $4.32.
- 3Guidance was provided during NextEra Energy's 2024 Investor Conference held on June 11, 2024.
- 4Adjusted EPS figures are non-GAAP financial measures, excluding certain items like accounting standard impacts and hedging effects.
- 5The company's management uses adjusted earnings for financial planning, performance analysis, and compensation.
- 6Presentation materials detailing the guidance and discussions are available on the NextEra Energy investor relations website.