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Bought NEE Puts yesterday. Company may be overvalued with DORIAN coming towards Fla.
$nee...morning gap filled..starting to rip higher...$220 looming...
$nee...scooped up some stock options for August 16..$220 strike...its like a bull in a China shop...
$NEE NextEra Energy's (NEE +0.9%) Florida Power & Light unit says it will apply federal tax savings toward the expected $1.3B cost of Hurricane Irma restoration and will not need to raise rates this year to pay for the work.
FPL previously said it would attempt to recoup Irma-related restoration costs through a surcharge on customer bills through 2020.
FPL says it may be able to use future federal tax savings to continue operating under the current base rate agreement beyond the initial term for up to two additional years through the end of 2022.
Now read: NextEra: Dividend Hike Ahead »
I think this could be a good deal going forward.
Texas regulator again rejects NextEra's acquisition of Oncor
Texas utility regulators again deny approval for NextEra Energy’s (NEE -1.2%) proposed $18B deal to buy Oncor, the state’s largest transmission operator.
NEE had filed an application with the Texas Public Utility Commission for a rehearing on the acquisition after it was first rejected by the authorities in March this year.
"While NextEra Energy is a well-regarded utility holding company, the expansive and diversified structure of NextEra Energy and its affiliates would subject Oncor to new and potentially substantial risks," according to the order.
NextEra Energy seeks new hearing on Oncor takeover
NextEra Energy (NYSE:NEE) asks Texas energy regulators to reconsider their decision to reject its takeover of Oncor, citing what it says was an error-riddled series of findings that killed the deal.
NEE today filed arguments in support of a rehearing, saying it was deprived of due process by regulators that overstepped their authority; the motion for rehearing could be a first step toward other legal action, the documents say, as a motion for rehearing helps preserve NEE’s right to seek judicial review.
Texas energy regulators formally rejected the $18.7B deal last month.
WSJ: NextEra Energy in talks to salvage rejected deal to acquire Oncor
NextEra Energy (NEE +0.1%) is in talks aimed at saving its acquisition of the Oncor electricity transmissions businesses after Texas regulators rejected the deal last week, WSJ reports.
Lawyers for both NEE and Energy Future Holdings reportedly said at a bankruptcy court hearing today that the companies were surprised and disappointed by the ruling from the Texas PUC but remain committed to finding a way to close the deal “if at all possible.”
A lawyer for Energy Future said at the hearing that NEE is attempting to negotiate a settlement with critics that had urged Texas regulators to kill the deal.
Bankrupt Energy Future, which owns most of Oncor, considers the vital regulated piece of the Texas power grid as its crown jewel, and the sale to NEE was supposed to bring in cash to pay off billions of dollars in debt.
NextEra Energy (NYSE:NEE) says it will sell $700M of equity units, each consisting of a contract to purchase NEE common stock in the future plus a 5% undivided beneficial ownership interest in a NextEra Energy Capital Holdings debenture.
NextEra Energy (NEE -2.7%) and Hawaiian Electric (HE -2.7%) pledge 50 new commitments as part of their proposal to merge that they say would accelerate Hawaii’s goal of getting all of its power from renewable resources.
NextEra Energy (NYSE:NEE) reports better than expected Q2 earnings and revenues, and raises its long-term earnings forecast.
Energy Future Holdings has canceled plans to auction its power distribution business and will try to resolve its $42B bankruptcy under one of two proposals backed by rival groups of creditors.
NextEra Energy (NYSE:NEE) was said to have emerged as the front-runner in the now-canceled auction after making a cash offer worth ~$18B.
Unsecured creditors backed by Hunt Consolidated are trying to round up enough senior debtholders to push through a ~$19B reorganization plan and have offered to buy power-line company Oncor and settle many of the bankruptcy’s most contentious disputes.
Investors Should Get Energized For NextEra Energy Partners IPO
http://seekingalpha.com/article/2286283-investors-should-get-energized-for-nextera-energy-partners-ipo
NextEra Energy Honored with Best Employers for Healthy Lifestyles® Award by the National Business Group on Health
http://www.prnewswire.com/news-releases/nextera-energy-honored-with-best-employers-for-healthy-lifestyles-award-by-the-national-business-group-on-health-264729891.html
Michaels, NextEra Partners IPOs Get Different Responses
http://247wallst.com/investing/2014/06/27/michaels-nextera-partners-ipos-get-different-responses/
Why Picking A Call Option Of NextEra Energy, Inc. (NEE) Is Best Strategy?
http://www.techinsider.net/why-picking-a-call-option-of-nextera-energy-inc-nee-is-best-strategy/116838.html
wow, i should have gotten in to this one a year ago !
wow..call options...flying high!
what do u think of CT*C...? better thaN {nee} or tlon ?
<<< $NEE Links! >>> ~ MAC's Quick DD Links without the charts.
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/NEE
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/NEE/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/NEE/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/NEE/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/NEE/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/NEE/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/NEE/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/NEE/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/NEE/research
Google Finance Summary ~ http://www.google.com/finance?q=NEE
Google Finance News ~ http://www.google.com/finance/company_news?q=NEE
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=NEE
Google Finance Financials ~ http://www.google.com/finance?q=NEE&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=NEE
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=NEE&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=NEE+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=NEE+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=NEE+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=NEE
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=NEE+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=NEE+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/NEE
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/NEE
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=NEE+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=NEE+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=NEE+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=NEE+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=NEE+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=NEE+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=NEE+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=NEE+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=NEE+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=NEE+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=NEE+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=NEE&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=NEE
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=NEE
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=NEE
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=NEE
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=NEE
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=NEE&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=NEE&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/NEE?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/NEE
Barchart Options Quotes ~ http://barchart.com/options/stocks/NEE
Barchart Technical Chart ~ http://barchart.com/charts/stocks/NEE&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/NEE&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/NEE
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=NEE
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/NEE
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/NEE
Barchart News Headlines ~ http://barchart.com/news/stocks/NEE
Barchart Profile ~ http://barchart.com/profile//NEE
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=NEE&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NEE&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NEE&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NEE&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/NEE/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/NEE/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/NEE/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/NEE/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/NEE
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/NEE/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/NEE/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/NEE/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/NEE/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/NEE/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/NEE/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=NEE&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=NEE
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=NEE
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=NEE&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=NEE
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=NEE
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=NEE&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=NEE.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=NEE®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/NEE
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/NEE/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/NEE/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/NEE/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=NEE&selected=NEE
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=NEE&selected=NEE
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/NEE/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/NEE/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/NEE/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/NEE/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/NEE/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/NEE/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/NEE/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/NEE/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/NEE/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/NEE/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/NEE/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/NEE/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/NEE/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/NEE/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=NEE&selected=NEE
NASDAQ Financials ~ http://www.nasdaq.com/symbol/NEE/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/NEE/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/NEE/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/NEE/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/NEE/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/NEE/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/NEE/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/NEE/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/NEE.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/NEE/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/NEE/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/NEE/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/NEE/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/NEE/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/NEE/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=NEE
YCharts ~ http://ycharts.com/companies/NEE
YCharts Performance ~ http://ycharts.com/companies/NEE/performance
YCharts Dashboard ~ http://ycharts.com/companies/NEE/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=NEE&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=NEE&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=NEE&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=NEE
Zacks Quote ~ http://www.zacks.com/stock/quote/NEE
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=NEE
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=NEE
Knobias ~ http://knobias.10kwizard.com/files.php?sym=NEE
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=NEE
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/NEE/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=NEE&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=NEE®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=NEE®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=NEE®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=NEE®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=NEE®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=NEE
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=NEE
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=NEE&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=NEE&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=NEE
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=NEE&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=NEE
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=NEE
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=NEE
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=NEE
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=NEE
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=NEE
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=NEE
Investorpoint ~ http://www.investorpoint.com/ enter "NEE" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "NEE" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=NEE
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=NEE
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=NEE
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=NEE
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=NEE
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "NEE" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=NEE&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=NEE
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=NEE
Check those searches for recent NEE mentions. If NEE is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
~ Wednesday! $NEE ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!
~ $NEE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=NEE&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=NEE&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=NEE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NEE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NEE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NEE
Finviz: http://finviz.com/quote.ashx?t=NEE
~ BusyStock: http://busystock.com/i.php?s=NEE&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NEE >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
NextEra 2Q Profit Rose 39% As New Wind Contracts Boost Revenue
NextEra Energy Inc. (NEE) second-quarter earnings rose 39% as new wind generation contracts drove revenue growth and improved margins.
The largest renewable energy provider in the U.S., formerly known as FPL Group Inc., has seen improved results of late, due in part to recovering power demand and expiring federal renewable-energy subsidies driving utilities to move forward with deals. But adverse economic conditions in Florida remain a concern. The company's Florida utility has agreed to freeze base rates through the end of 2012.
NextEra reported a profit of $580 million, or $1.38 a share, up from $417 million, or $1.01 a share, a year earlier. Excluding items such as the mark-to-market effects of nonqualifying hedges and other than temporary impairments on certain investments, earnings rose to $1.18 a share from $1.11.
Revenue jumped 10% to $3.96 billion. Analysts polled by Thomson Reuters had most recently forecast earnings of $1.09 on revenue of $3.74 billion.
Operating margin rose to 22.9% from 19.7%.
At the Florida Power & Light utility business -- which makes up the bulk of the company's revenue -- earnings increased 14%. The customer count increased by 28,500 to 4.55 million at the end of the period.
Its namesake, unregulated generating business saw earnings jump 55% to $239 million, while revenue rose 15%. Since late April, the company said it has signed contracts for 632 megawatts of new wind generation.
NextEra also backed its full-year earnings estimate.
Shares closed Tuesday at $57.36 and were inactive premarket. The stock has risen 6.6% over the past year.
-By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com
(END) Dow Jones Newswires
07-27-11 0836ET
Jefferies upgraded its price target on NextEra Energy (NYSE: NEE) from $61.50 to $62.50 in a research report published today, after NextEra announced Q1 earnings in line with analysts' estimates.
NextEra raised its earnings per share estimate for this year, but Jefferies failed to do the same, however. Instead, Jefferies fine-tuned its 2012 and 2013 EPS estimates upward by $0.05 to $4.70 and $5.00, respectively.
Jefferies currently has a Buy rating on NextEra's shares.
Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/05/1051849/jefferies-upgrades-pt-on-nextera-energy-nee#ixzz1LIiaRv79
One of the best electric utilities is the USA.
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