Referenced Stocks

NextEra Energy Q3 Earnings Come in Shy of Street View; Shares Slip 2%

By MT Newswires,  October 24, 2012, 12:51:02 PM EDT

NextEra Energy, Inc. ( NEE ) reported Q3 2012 adjusted earnings of $532 million, or $1.26 per share, compared with $551 million, or $1.31 per share, in Q3 2011, which was below the Street expectation of EPS of $1.39.

NEE shares are down 2.2% to $69.22.

For 2012, NextEra Energy continues to expect full-year adjusted earnings per share to be in the range of $4.35 - $4.65. It also continues to expect that adjusted earnings per share in 2014 will be in the range of $5.05 - $5.65.

That forward guidance straddles the Capital IQ analyst's consensus estimates. NEE is trading within a 52-week range of $52.32 - $72.22.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: NEE



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