NextEra Energy Valuation

11 months ago 20
ARTICLE AD BOX


NextEra Energy, Inc, the American utility company is undervalued, according to Wolfteam Ltd.'s projections and estimates.

With 28.11 billion USD in revenue growing at 34.16 %, with net profit margin of 26.00 %, NextEra Energy's intrinsic value is 190 billion USD compared with its current market capitalization of 148.11 billion USD.

Here is an excerpt from NextEra Energy fourth quarter 2023 results:


JUNO BEACH, Fla. - NextEra Energy, Inc. (NYSE: NEE) today reported 2023 fourth-quarter net income
attributable to NextEra Energy on a GAAP basis of $1.210 billion, or $0.59 per share, compared to
$1.522 billion, or $0.76 per share, for the fourth quarter of 2022. On an adjusted basis, NextEra Energy's
2023 fourth-quarter earnings were $1.067 billion, or $0.52 per share, compared to $1.011 billion, or $0.51
per share, in the fourth quarter of 2022.
For the full year 2023, NextEra Energy reported net income attributable to NextEra Energy on a GAAP
basis of $7.310 billion, or $3.60 per share, compared to $4.147 billion, or $2.10 per share, in 2022. On an
adjusted basis, NextEra Energy's full-year 2023 earnings were $6.441 billion, or $3.17 per share,
compared to $5.742 billion, or $2.90 per share, in 2022, which represents year-over-year growth in
adjusted earnings per share of approximately 9.3%.

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