Post-Earnings Research - NextEra Energy

LONDON, February 18, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge.com has issued free post-earnings research on NextEra Energy Inc. (NYSE: NEE). On January 27, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE to read our free earnings review on NextEra Energy Inc. (NextEra Energy). For Q4 FY14 and full-year FY14, GAAP net income attributable to NextEra Energy was $884 million, or $2.00 per diluted share, and $2.47 billion, or $5.60 per diluted share, respectively. Chairman and CEO of NextEra Energy, Jim Robo, stated that the company delivered strong performance in the fourth quarter, capping off an outstanding year overall. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE

Earnings Overview 

During Q4 FY14, NextEra Energy's operating revenues were $4.66 billion compared to $3.63 billion in Q4 FY13. The company's Q4 FY14 operating revenues outperformed Bloomberg analysts' forecast of $3.96 billion. NextEra Energy's subsidiary, Florida Power & Light Co. (FPL), reported an increase in operating revenues to $2.68 billion in Q4 FY14 from $2.54 billion in Q4 FY13. NextEra Energy Resources, the company's competitive energy business, reported operating revenues of $1.88 billion in Q4 FY14, compared to $0.99 billion in Q4 FY13. Additionally, NextEra Energy's operating revenue from Corporate and Other came in at $102 million in the reported quarter compared to $99 million in Q4 FY13. Free research on NEE can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE

In Q4 FY14, GAAP net income attributable to NextEra Energy improved by $557 million, or $1.25 per diluted share, from $327 million, or $0.75 per diluted share, in Q4 FY13. Analysts at Bloomberg had expected GAAP net income attributable to NextEra Energy of $451 million, or $1.06 per diluted share. Furthermore, NextEra Energy's Q4 FY14 adjusted earnings were $458 million, or $1.03 per share, compared to $414 million, or $0.95 per share, in Q4 FY13.

During FY14, NextEra Energy's operating revenues improved to $17.02 billion from $15.14 billion in FY13. The company's FY14 operating revenues outperformed Bloomberg analysts' forecast of $16.27 billion. FPL's operating revenues increased to $11.42 billion in FY14 from $10.45 billion in FY13. NextEra Energy Resources reported operating revenues of $5.19 billion in FY14 compared to $4.33 billion in FY13. Moreover, Corporate and Other operating revenue stood at $409 million in FY14 compared to $358 million in FY13. Sign up and read the free analyst's notes on NEE at:

http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE

For FY14, NextEra Energy's GAAP net income attributable to the company grew by $557 million, or $1.13 per diluted share, from $1.91 billion, or $4.47 per diluted share, in FY13. Analysts at Bloomberg had expected GAAP net income attributable to NextEra Energy of $2.13 billion, or $4.78 per diluted share. Furthermore, NextEra Energy reported adjusted earnings of $2.33 billion, or $5.30 per share, in FY14 compared to $2.12 billion, or $4.97 per share, in FY13.

Mr. Robo informed that continued investment in the business and an expansion in wholesale operations drove full-year earnings growth at FPL. He also said that the highly efficient Riviera Beach modernization came into service ahead of schedule and contributed to reducing fuel costs for the company's customers. The company's significant investment in new grid technologies showed clear reliability benefits for its customers, he added. Commenting on Energy Resources, he stated that it attained its full-year financial expectations, while absorbing roughly $0.15 per share of a one-time impact from the launch of NextEra Energy Partners. Mr. Robo asserted that stronger-than-expected demand for new renewable projects also highlighted the long-term value of NextEra Energy's incentive distribution fees through its sponsorship of NextEra Energy Partners.

NextEra Energy's management reiterated its expectation for adjusted earnings per share in the range of $5.40 to $5.70 for full-year FY15. In its outlook for full-year FY16, the company now anticipates adjusted earnings per share to be in the range of $5.75 to $6.25. Visit Investor-Edge and access the latest research on NEE at:

http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE

Stock Performance 

On the day of the earnings release, January 27, 2015, NextEra Energy's stock gained 1.34% to end the session at $111.22. Since then, the stock has moved both ways with losses outperforming gains. On the last close, Tuesday, February 17, 2015, the company's shares finished 0.19% lower at $103.42, after vacillating between $102.70 and $104.77. A total of 2.86 million shares were traded which was above its three months average volume of 2.05 million shares. Over the previous three months and over the past one year, the company's shares have advanced 0.20% and 10.88%, respectively. However, the stock has fallen by 4.44% in the last one month. Shares in NextEra Energy are trading above their 200-day moving average of $99.94. Furthermore, the stock traded at a PE ratio of 23.19 and has a Relative Strength Index (RSI) of 39.30.

Sneak Peek to Corporate Insider Trading 

In the last one month, NextEra Energy has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Complimentary in-depth research on NEE is available at:

http://get.Investor-Edge.com/pdf/?c=NextEra%20Energy&d=18-Feb-2015&s=NEE

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