NEE NextEra Energy Inc

   By Dave Sebastian 
 

NextEra Energy Inc. (NEE) posted higher fourth-quarter profit as revenue rose.

The utility company reported net income of $975 million, or $1.99 a share, compared with $422 million, or 88 cents a share, in the year-ago period. Adjusted earnings were $1.44 a share.

Analysts polled by FactSet were expecting $1.48 a share on an adjusted basis.

Revenue was $4.59 billion, compared with $4.39 billion in the prior year. Analysts were looking for $4.63 billion.

The company said it continues to expect adjusted earnings of $8.70 a share to $9.20 a share in 2020.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

January 24, 2020 07:57 ET (12:57 GMT)

NextEra Energy (NYSE:NEE)
Historical Stock Chart
From Mar 2024 to Apr 2024

NextEra Energy (NYSE:NEE)
Historical Stock Chart
From Apr 2023 to Apr 2024