The most recent trading session ended with NextEra Energy (NEE) standing at $66.31, reflecting a +1.02% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.13% for the day. Elsewhere, the Dow saw a downswing of 1.33%, while the tech-heavy Nasdaq depreciated by 0.13%.

Shares of the parent company of Florida Power & Light Co. Witnessed a loss of 6.89% over the previous month, trailing the performance of the Utilities sector with its loss of 2.79% and the S&P 500's loss of 6.3%.

Investors will be eagerly watching for the performance of NextEra Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 23, 2025. The company is expected to report EPS of $0.95, up 4.4% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $7.04 billion, up 22.89% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.68 per share and a revenue of $29.34 billion, signifying shifts of +7.29% and +18.55%, respectively, from the last year.

Investors should also pay attention to any latest changes in analyst estimates for NextEra Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.07% rise in the Zacks Consensus EPS estimate. NextEra Energy presently features a Zacks Rank of #3 (Hold).

In terms of valuation, NextEra Energy is currently trading at a Forward P/E ratio of 17.85. This denotes a discount relative to the industry's average Forward P/E of 18.05.

We can additionally observe that NEE currently boasts a PEG ratio of 2.29. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Utility - Electric Power industry was having an average PEG ratio of 2.71.

The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 43, placing it within the top 18% of over 250 industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NextEra Energy, Inc. (NEE) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research