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NextEra Energy Inc (NEE) Q1 2021 Earnings Call Transcript

Operator Good day, and welcome to the NextEra Energy and NextEra Energy Partners First Quarter 2021 Conference Call. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions]. I would now like to turn the conference over to Jessica Aldridge, Director of Investor Relations. Please go ahead ma am. Jessica Aldridge Director of Investor Relations Thank you, Rocco. Good morning, everyone, and thank you for joining our first quarter 2021 combined earnings conference call for NextEra Energy and NextEra Energy Partners. With me this morning are Jim Robo, Chairman and Chief Executive Officer of NextEra Energy; Rebecca Kujawa, Executive Vice President and Chief Financial Officer of NextEra Energy; John Ketchum, President and Chief Executive Officer of NextEra Energy Resources; and Mark Hickson, Executive Vice President of NextEra Energy. All of whom are also officers of NextEra Energy Partners. As well as Eric Silagy, Pre

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NextEra Energy Partners: Q1 Earnings Snapshot

JUNO BEACH, Fla. (AP) NextEra Energy Partners LP (NEP) on Wednesday reported first-quarter net income of $202 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Juno Beach, Florida-based company said it had net income of $2.66. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

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NextEra Energy Partners Projects Year-end Adj EBITDA, CAFD At Upper End Of Guidance Ranges

NextEra Energy Partners Projects Year-end Adj. EBITDA, CAFD At Upper End Of Guidance Ranges WASHINGTON (dpa-AFX) - NextEra Energy Partners, LP (NEP) now expects a Dec. 31, 2021, run rate for adjusted EBITDA in the upper end of its previously announced range of $1.44 billion to $1.62 billion and cash available for distribution or CAFD in the upper end of its previously announced range of $600 million to $680 million. For the first quarter, adjusted EBITDA was $354 million and cash available for distribution (CAFD) was $184 million. NextEra Energy Partners delivered very strong first-quarter results, with contributions from 2020 portfolio acquisitions and existing portfolio operations driving adjusted EBITDA and CAFD growth of 20% and 36%, respectively, versus the prior-year comparable quarter, said Jim Robo, CEO.

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Earnings Scheduled For April 21, 2021

Earnings Scheduled For April 21, 2021
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NextEra Energy Inc (NEE) Q1 2021 Earnings Call Transcript

NextEra Energy Inc (NEE) Q1 2021 Earnings Call Transcript
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