MAAT INDEX

CLAIM #45411 · Nextera Energy Inc (NEE) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2027

We will be disappointed if we are not able to deliver financial results at or near the top end of our adjusted EPS expectation ranges in 2024, 2025, 2026 and 2027.

Brian Bolster · CFO

PENDING
graded after results covering Dec 31, 2027 are reported

How to check this claim

Look at: NextEra Energy adjusted EPS, annual, vs. company-issued adjusted EPS expectation range for each year

It came true if: Annual adjusted EPS falls at or near the top end of the company's stated adjusted EPS expectation range for that year (2024, 2025, 2026, 2027)

Where: Company earnings releases / 10-K and Q4 earnings call presentations disclosing adjusted EPS and the corresponding expectation range

In context

acts reduced earnings by $0.03 per share. Energy Resources had another strong quarter of new renewables and storage origination, adding approximately 3 gigawatts to the backlog. With these additions, our backlog now totals over 24 gigawatts after taking into account roughly 1 gigawatt of new projects placed into service since our last earnings call, providing great visibility into Energy Resources' ability to deliver on our development program expectations. We expect the backlog additions will go into service over the next several years. Turning now to our third quarter 2024 consolidated results, adjusted EPS was $1.03 per share. Adjusted earnings from corporate and other were flat to last year's comparable quarter. At NextEra Energy, our long-term financial expectations remain unchanged. We will be disappointed if we are not able to deliver financial results at or near the top end of our adjusted EPS expectation ranges in 2024, 2025, 2026 and 2027. In 2023 to 2027, we continue to expect that our average annual growth in operating cash flow will be at or above our adjusted EPS compound annual growth rate range. And we also continue to expect to grow our dividends per share at roughly 10% per year through at least 2026 off a base -- off a 2024 base. As a reminder, our expectations are subject to our caveats. Turning to NextEra Energy Partners. Yesterday, NextEra Energy Partners board declared a quarterly distribution of $0.9175 per common unit or $3.67 per common unit on an annualized basis, up nearly 6% from a year earlier. Today, NextEra Energy Partners is pleased to announce the expected wind repowering of another approximately 225 megawatts of wind facilities, bringing its total backlog of wind repowering to approximately 1.6 giga

Verify independently

SEC filings for NEE · Claim quote is verbatim from the 2024Q3 earnings call.