Power infrastructure firm NextEra Power, Inc. (NYSE: NEE) Friday reported monetary outcomes for the fourth quarter of 2024. The corporate additionally offered long-term monetary steerage.
- Internet earnings declined modestly to $1.20 billion or $0.58 per share in This autumn from $1.21 billion or $0.59 per final 12 months
- On an adjusted foundation, fourth-quarter revenue was $1.10 billion or $0.53 per share, vs. $1.07 billion or $0.52 per share in This autumn 2023
- Within the December quarter, working revenues decreased sharply to $5.39 billion from $6.88 billion within the prior 12 months quarter
- NextEra continues to anticipate adjusted earnings per share to be within the vary of $3.45 to $3.70 in fiscal 2025
- For 2026, the corporate anticipates adjusted earnings to be between $3.63 per share and $4.00 per share
- For 2027, the administration estimates adjusted earnings per share to be within the vary of $3.85 and $4.32
- The corporate continues to anticipate to develop its dividends per share at a roughly 10% fee per 12 months by way of not less than 2026, off a 2024 base
