NextEra Energy Inc. ( (NEE) ) has released its Q1 earnings. Here is a breakdown of the information NextEra Energy Inc. presented to its investors.
NextEra Energy, Inc. is a leading electric power and energy infrastructure company in North America, known for its significant contributions to renewable energy and its ownership of Florida Power & Light Company, the largest electric utility in the United States.
In the first quarter of 2025, NextEra Energy reported strong financial results, with a notable increase in adjusted earnings per share by nearly 9% compared to the previous year. The company continues to focus on expanding its renewable energy portfolio and maintaining low customer bills while delivering reliable electricity.
Key financial highlights include a net income of $833 million on a GAAP basis, with adjusted earnings reaching $2.038 billion. Florida Power & Light (FPL) reported a net income of $1.316 billion, driven by continued investments and the expansion of its solar portfolio. NextEra Energy Resources added approximately 3.2 gigawatts of new renewables and storage to its backlog, reflecting strong demand and strategic growth.
Looking ahead, NextEra Energy remains optimistic about its financial performance, expecting adjusted earnings per share to be within the range of $3.45 to $3.70 for 2025. The company plans to continue its focus on renewable energy expansion and customer-centric investments, aiming to maintain its strong financial position and shareholder value.