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Sep 30, 2023
NextEra Q3 2023 Earnings Report
NextEra Energy reported strong third-quarter results, driven by FPL's continued investment in its capital plan and NextEra Energy Resources' record renewables and storage origination.
Key Takeaways
NextEra Energy reported third-quarter net income attributable to NextEra Energy on a GAAP basis of $1,219 million, or $0.60 per share. On an adjusted basis, NextEra Energy's third-quarter earnings were $1,920 million, or $0.94 per share.
NextEra Energy delivered strong third-quarter 2023 results.
FPL remains focused on providing outstanding service to customers and keeping bills affordable.
NextEra Energy Resources added approximately 3,245 megawatts of new renewables and storage projects to its backlog.
Company is confident in delivering financial results at or near the top of adjusted EPS expectations through 2026.
Revenue by Segment
Forward Guidance
NextEra Energy's long-term financial expectations remain unchanged. For 2023 and 2024, NextEra Energy continues to expect adjusted earnings per share to be in the ranges of $2.98 to $3.13 and $3.23 to $3.43, respectively. For 2025 and 2026, NextEra Energy expects to grow 6% to 8%, off the 2024 adjusted earnings per share range. This translates to a range of $3.45 to $3.70 for 2025 and $3.63 to $4.00 for 2026. NextEra Energy also continues to expect to grow its dividends per share at a roughly 10% rate per year through at least 2024, off a 2022 base.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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