Juno Beach, FL-based NextEra Energy Inc. NEE is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy.To provide reliable services to its customers, NextEra Energy continues to expand its scale of operations and utilize modern technologies, primarily at its FPL utility. The company’s focus on expanding its renewable fleet is impressive and should help it meet regulatory mandates on carbon emission. NextEra’s growing environment consciousness thus is making it a popular stock amongst investors.However, stringent regulations, volatile commodity prices, erratic weather pattern and operational hazards pose major threats to the company.Estimate Trend & Surprise HistoryInvestors should note that the first quarter 2016 Zacks Consensus Estimate for earnings of $1.38 per share has increased by 4.6% the last 90 days.Coming to the earnings surprise, NextEra Energy has surpassed the Zacks Consensus Estimate in three out of the last four quarters, resulting in a positive average surprise of 4.28%.Zacks Rank: Currently, NextEra Energy has a Zacks Rank #3 (Hold) but that could change following its first quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:Earnings: NextEra Energy’s earnings surpassed expectations. While our consensus called for first-quarter EPS of $1.38, the company reported an EPS of $1.55.Revenue: NextEra Energy beat the revenue estimates in the first quarter. The company posted revenues of $3,835 million in the first quarter, compared to our consensus estimate of $3,823 million.Key Stats: During first quarter 2016, NextEra Energy's subsidary Florida Power & Light Company (“FPL”) served 64,000 more customer than the comparable last year quarter. However, customer growth was more than offset by a 1.4% decline in sales due to mild weather during the quarter.Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.Check back later for our full write up on this NEE earnings report later!Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NEXTERA ENERGY (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research