NEW YORK (TheStreet) -- NextEra Energy (NEE) - Get Report  is scheduled to report its fourth quarter fiscal 2015 earnings results Thursday before the market open. 

Shares closed Wednesday's trading session up 0.16% to $106.73. 

For the latest quarter, Wall Street is looking for earnings of $1.09 a share on revenue of $4.04 billion.

Profit is projected to be higher than last year's fourth quarter earnings of $1.03 a share but revenue is expected to be lower than last year's revenue of $4.66 billion. 

Overall, analysts are continuing to stay bullish on the stock as the company is growing its scale of operations and increasing investments in renewables, Zacks Equity Research said.

It also appears that the company will likely benefit from Florida's improving economy, boosting demand for utility services. 

Based in Juno Beach, FL, NextEra Energy generates, transmits, and distributes electric energy in the U.S. and Canada.

TheStreet Ratings currently has a Buy rating on the stock with a letter grade of A+. 

The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: NEE

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