NextEra Energy Partners (NYSE:NEP) Quarterly Earnings Preview

• NextEra Energy Partners (NYSE:NEP) is set to release its quarterly earnings with an expected EPS of $0.79 and revenue of $330 million.
• The company faces significant challenges, including a potential distribution cut, yet its stock saw a 0.83% increase recently.

NextEra Energy Partners (NYSE:NEP) is preparing to release its quarterly earnings on January 23, 2025. Analysts on Wall Street predict an earnings per share (EPS) of $0.79 and revenue of around $330 million. NEP, a company involved in renewable energy projects, faces competition from other energy firms as it navigates the challenges of the energy sector.

NEP is currently dealing with significant challenges, including a potential distribution cut. Despite these issues, NEP's stock recently closed at $16.91, a 0.83% increase from the previous session. This performance is notable as major indices like the S&P 500, Dow, and Nasdaq experienced declines. However, NEP's stock has decreased by 4.17% over the past month, which is less than the Oils-Energy sector's 6.25% loss.

NEP's financial ratios provide insight into its valuation and financial health. The company has a price-to-earnings (P/E) ratio of approximately 7.68, indicating the price investors are willing to pay per dollar of earnings. Its price-to-sales ratio is about 1.36, suggesting that investors are paying $1.36 for every dollar of sales. The enterprise value to sales ratio is around 5.59, reflecting the company's total valuation compared to its sales.

The company's enterprise value to operating cash flow ratio is approximately 9.27, showing how its valuation compares to its cash flow from operations. With an earnings yield of about 13.03%, NEP offers a return on investment relative to its share price. The debt-to-equity ratio is approximately 1.52, indicating the proportion of debt used to finance the company's assets relative to shareholders' equity. Lastly, NEP has a current ratio of about 2.02, suggesting good short-term financial health.