5 Stocks Gaining Attention After Posting Earnings Reports

3. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 53

Shares of NextEra Energy, Inc. (NYSE:NEE) turned red in the pre-market trading session on Tuesday, January 25, 2022, after posting its fourth-quarter revenue below expectations. The energy company generated revenue of $5.05 billion, significantly lower than the consensus forecast of $6.26 billion.

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In addition, NextEra Energy, Inc. (NYSE:NEE) reported adjusted earnings of 41 cents per share, slightly higher than 40 cents per share in the year-ago quarter and above analysts’ average estimate of 39 cents per share.

The company also increased its earnings outlook for 2022. NextEra Energy, Inc. (NYSE:NEE) now expects adjusted earnings in the range of $2.75 – $2.85 per share, compared to its previous outlook of $2.55 – $2.75 per share.

Discussing the results, CEO of NextEra Energy, Inc. (NYSE:NEE), Jim Robo, said:

“We delivered this terrific performance while executing on the largest capital program in our history, investing approximately $16 billion in American infrastructure in 2021, and maintaining one of the strongest balance sheets and credit positions in our industry.”