• NextEra Energy Partners is gearing up to announce its quarterly earnings, with analysts predicting an expected EPS of $0.79 and revenue of $330 million.
• Recently, the company has faced hurdles, including concerns about a possible distribution cut, yet its stock experienced a 0.83% increase.

NextEra Energy Partners is slated to release its quarterly earnings on January 23, 2025. Wall Street analysts foresee an earnings per share (EPS) of $0.79 alongside revenues around $330 million. The company, which focuses on renewable energy projects, faces stiff competition as it manages challenges in the energy market.

NEP is currently grappling with significant challenges, notably discussions of a distribution cut. Despite these issues, NEP’s stock recently closed at $16.91, showing a 0.83% upturn from the previous session. This uptick is noteworthy, considering that major indices such as the S&P 500, Dow, and Nasdaq have faced declines. Importantly, NEP’s stock has decreased by 4.17% in the last month, a more favorable outcome compared to the Oils-Energy sector’s 6.25% dip.

NEP’s financial metrics shed light on its valuation and health. The company showcases a price-to-earnings (P/E) ratio of approximately 7.68, suggesting the price investors are prepared to pay per dollar of earnings. Its price-to-sales ratio is around 1.36, indicating investors pay $1.36 for every dollar in sales. The enterprise value to sales ratio stands at about 5.59, showcasing the company’s valuation against its sales.

NEP also holds an enterprise value to operating cash flow ratio of roughly 9.27, highlighting its valuation compared to cash generated from operations. With an earnings yield around 13.03%, NEP offers returns approximately reflective of its share price. The debt-to-equity ratio is about 1.52, illustrating the amount of debt used in financing against shareholders’ equity. Lastly, a current ratio around 2.02 suggests NEP maintains good short-term financial health.