What to Watch When NextEra Energy Reports Its Q4 Results
NextEra Energy (NYSE: NEE) once again generated market-beating total returns last year. What made that impressive is that the S&P 500 was scorching hot, as it produced an eye-popping 31.5% total return. NextEra Energy, however, blew past that mark, as its total return came in at a lofty 42.7%, which is a monster gain for a utility.
Several factors helped the company produce such strong gains. Two noteworthy ones were that it was on track to generate high-end earnings growth and was locking up new renewable projects at the best rate in its history. Ideally, both trends continued during the fourth quarter, which is something investors should keep an eye on when it reports results later this week.
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Source Fool.com
