In a surprising turn of events, the utilities sector has emerged as one of the best-performing sectors of 2024. Year-to-date (YTD), the Utilities Select Sector SPDR ETF NYSE: XLU is up nearly 30%, outpacing the QQQ ETF and the S&P 500 ETF NYSE: SPY, both of which have gained closer to 20%. This rally has defied expectations, driven by an interest rate cut, renewed nuclear energy initiatives, and even the rise of artificial intelligence (AI). Investors looking for growth beyond traditional tech and healthcar ...

NextEra Energy Inc. (NEE) is slated to report third-quarter 2024 results on Oct. 23, 2024.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for NEE’s third-quarter revenues is pegged at $8.17 billion, indicating a 13.88% increase from the year-ago reported figure.The consensus estimate for earnings is pegged at $1.08 per share. The Zacks Consensus Estimate for NEE’s third-quarter earnings has remained the same in the past 60 days. The estimate suggests yea ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about NextEra Energy (NEE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.NextEra currently has an average brok ...

Analysts on Wall Street project that NextEra Energy (NEE) will announce quarterly earnings of $1.01 per share in its forthcoming report, representing an increase of 7.5% year over year. Revenues are projected to reach $8.17 billion, increasing 13.9% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior ...

The latest trading session saw NextEra Energy (NEE) ending at $83.78, denoting a -0.72% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.02%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.04%. The parent company of Florida Power & Light Co.'s shares have seen an increase of 0.13% over the last month, surpassing the Utilities sector's loss of 0.69% and falling behind the S&P 500's gain of 3.77%. Analysts and investors alike will be ke ...

Wall Street expects a year-over-year increase in earnings on higher revenues when NextEra Energy (NEE) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 23, 2024, might help the stock move higher if these key numbers are better t ...

Earnings Announcement - NextEra Energy plans to report its third-quarter 2024 financial results on October 23, 2024, before the New York Stock Exchange opens [1] - The financial results will be posted on the company's website at www.NextEraEnergy.com/FinancialResults [1] - An advisory news release with a link to the financial results will be issued via PR Newswire on the morning of October 23 [1] Investor Presentation - The company's senior management, including CEO John Ketchum and CFO Brian Bolster, will discuss the third-quarter 2024 financial results during a live webcast on October 23 at 9 a m ET [2] - The presentation will also cover the results of NextEra Energy Partners, LP (NYSE: NEP) [2] - The listen-only webcast will be accessible on NextEra Energy's website at www.NextEraEnergy.com/FinancialResults [3] - The financial results news release and presentation slides will be available for download starting at 7:30 a m ET on the day of the webcast [3] - A replay of the webcast will be available for 90 days via the same link [3] Company Overview - NextEra Energy is a leading clean energy company headquartered in Juno Beach, Florida [4] - The company owns Florida Power & Light Company, the largest electric utility in the US, serving approximately 5 9 million customer accounts (over 12 million people) in Florida [4] - NextEra Energy Resources, LLC, the company's competitive clean energy business, is the world's largest generator of renewable energy from wind and solar, and a global leader in battery storage [4] - Through its subsidiaries, NextEra Energy operates seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin, generating clean, emissions-free electricity [4] - The company is a Fortune 200 company and has been recognized for its sustainability, corporate responsibility, ethics, compliance, and diversity efforts [4]

NextEra Energy (NEE) closed the latest trading day at $80.50, indicating a +0.26% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%. Coming into today, shares of the parent company of Florida Power & Light Co. Had lost 1.11% in the past month. In that same time, the Utilities sector lost 0.74%, while the S&P 500 gained 5.41%. Market participants will be closely following ...

JUNO BEACH, Fla., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Florida Power & Light Company (FPL). Applications for the no-cost bootcamp are closing Sept. 30. The Mark Cuban Foundation, in partnership with FPL, is bringing the only AI camp of its kind, free of charge, to high school students in South Florida. With a custom and highly relevant curriculum focused on teaching students about the lates ...

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