NYSE - Delayed Quote • USD
NextEra Energy Partners, LP (NEP)
At close: 4:00 PM EDT
After hours: 6:05 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 8 | 8 | 9 | 8 |
| Avg. Estimate | 0.3 | 0.57 | 1.39 | 1.55 |
| Low Estimate | -0.58 | 0.16 | -1.67 | -1.69 |
| High Estimate | 1.22 | 1.5 | 4.59 | 4.86 |
| Year Ago EPS | -0.17 | 0.53 | 2.18 | 1.39 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 6 | 6 | 9 | 9 |
| Avg. Estimate | 331.8M | 386.39M | 1.38B | 1.45B |
| Low Estimate | 276M | 341.14M | 1.2B | 1.21B |
| High Estimate | 412M | 499M | 1.85B | 1.93B |
| Year Ago Sales | 364.31M | 350M | 1.08B | 1.38B |
| Sales Growth (year/est) | -8.90% | 10.40% | 28.50% | 4.60% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.59 | 0.76 | 0.45 | 0.16 |
| EPS Actual | -0.17 | 0.53 | 0.57 | 1.2 |
| Difference | -0.76 | -0.23 | 0.12 | 1.04 |
| Surprise % | -128.80% | -30.30% | 26.70% | 650.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.3 | 0.57 | 1.39 | 1.55 |
| 7 Days Ago | 0.34 | 0.6 | 1.45 | 1.63 |
| 30 Days Ago | 0.22 | 0.51 | 1.34 | 1.69 |
| 60 Days Ago | 0.24 | 0.61 | 0.94 | 1.33 |
| 90 Days Ago | 0.08 | 0.2 | 0.61 | 0.58 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | 1 | 1 | 1 |
Growth Estimates
| CURRENCY IN USD | NEP | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 276.50% | -- | -- | 1.60% |
| Next Qtr. | 7.50% | -- | -- | 10.50% |
| Current Year | -36.20% | -- | -- | 5.20% |
| Next Year | 11.50% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 29.50% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 4.76% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Initiated | Barclays: Equal-Weight | 4/10/2024 |
| Maintains | Raymond James: Outperform to Outperform | 4/3/2024 |
| Initiated | Evercore ISI Group: Outperform | 2/13/2024 |
| Maintains | JP Morgan: Neutral to Neutral | 1/26/2024 |
| Downgrade | CIBC: Outperformer to Neutral | 1/9/2024 |
| Maintains | Mizuho: Buy to Buy | 12/12/2023 |
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