Report
Andrew Bischof, CFA, CPA
EUR 100.00 For Business Accounts Only

NextEra Energy Off to a Strong 2018

We are reaffirming our $150 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after NextEra Energy reported first-quarter operating earnings of $1.94 per share compared with $1.75 in the year-ago period.
Management reaffirmed its 2018 EPS guidance of $7.45-$7.95, in line with our $7.74 estimate. We continue to forecast that NextEra Energy will attain the top end of its 6% to 8% growth expectations through 2021, supporting our forecast for an indust...
Underlying
NextEra Energy Inc.

NextEra Energy is a holding company, engaged in electric power and energy infrastructure. The company has two principal businesses, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. FPL provides service to its electric customers through a transmission and distribution system that links its generation facilities to its customers. NEER, through its subsidiaries, owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets primarily in the United States and Canada.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof, CFA, CPA

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