Will NextEra (NEE) Beat Estimates Again in Its Next Earnings Report?

What happened: NextEra Energy (NEE) has beaten earnings estimates in its last two reports, and Zacks expects another possible beat in its next quarterly report. Key numbers: Last quarter EPS came in at $1.15 versus $1.09 expected, a 5.50% surprise. The prior quarter was $1.09 versus $0.98, an 11.22% surprise. Why it matters: NEE carries a Zacks Rank #3 (Hold) and a positive Earnings ESP, a combination Zacks research links to a positive surprise nearly 70% of the time. Recent estimate revisions suggest analysts have turned bullish on its earnings prospects. Market: +0.2% today ($78.37), -1.8% YTD, 1.0x vol — as of 23:45 UTC

NextEra Energy (NEE) has beaten earnings estimates in its last two reports, and Zacks expects another possible beat in its next quarterly report.

NEE carries a Zacks Rank #3 (Hold) and a positive Earnings ESP, a combination Zacks research links to a positive surprise nearly 70% of the time. Recent estimate revisions suggest analysts have turned bullish on its earnings prospects. Market: +0.2% today ($78.37), -1.8% YTD, 1.0x vol — as of 23:45 UTC