NextEra Energy reports Q1 adjusted EPS $1.04, consensus 97c

Reports Q1 revenue $6.70B, consensus $7.27B. “NextEra Energy (NEE) is off to a terrific start for the year, delivering strong Q1 results, with adjusted earnings per share increasing by 10% year-over-year,” said John Ketchum, CEO. “These results reflect continued strong financial and operational performance across FPL and NextEra Energy Resources as America’s electricity demand continues to increase. NextEra Energy builds all forms of energy infrastructure and has experience across the entire energy value chain at massive scale with a balance sheet to back it up. Our customers turn to us because they know we have an unmatched track record of building affordable and reliable energy infrastructure decade after decade. With a service area that spans 49 states and with more than 12 ways to grow, NextEra Energy was built for this seminal moment. Importantly, our forecasted growth is visible and balanced between our regulated and long-term contracted businesses, and we expect to grow adjusted EPS at a compound annual growth rate of 8%+ through 2032 and are targeting the same from 2032 through 2035, all off the 2025 base.”