NextEra Energy's Earnings Estimates Revised Down, But Zacks Rank Remains Positive

NextEra Energy (NEE) has been on Zacks.com's list of most searched stocks, with shares returning +9.6% over the past month compared to the Zacks S&P 500 composite's +0.9% change. The company is expected to post earnings of $0.89 per share for the current quarter, representing a year-over-year change of -10.1%. The consensus earnings estimate for the current fiscal year is $4, indicating a year-over-year change of +7.8%. NextEra has a Zacks Rank #2 (Buy) based on earnings estimate revisions and other factors related to earnings estimates.