NextEra Energy Q3 adjusted EPS rises 9.7% to $1.24, beats estimates

• NextEra Energy (NYSE:NEE) reported third-quarter 2026 adjusted diluted earnings of $1.24 per share, up 9.7% year over year and above analysts' $1.18 consensus estimate.
• Revenue declined approximately 9% to $8.09 billion, while NextEra Energy Resources added 3.7 gigawatts of renewable energy and storage projects to its backlog.
• NextEra reaffirmed adjusted EPS guidance of $3.92–$4.02, targeting the upper end, alongside plans for at least 8% annual adjusted earnings growth through 2035.

NextEra Energy (NYSE:NEE) reported third-quarter 2026 revenue of $8.09 billion, down approximately 9% year over year, while adjusted earnings exceeded Wall Street estimates.

Adjusted diluted earnings increased 9.7% to $1.24 per share from $1.13 a year earlier, surpassing analysts' consensus estimate of $1.18.

GAAP net income attributable to NextEra reached $4.78 billion, or $2.28 per share, compared with $2.44 billion, or $1.18 per share, a year earlier.

Florida Power & Light reported net income of $1.62 billion, up from $1.46 billion, supported by growth in regulatory capital investments.

NextEra Energy Resources generated approximately $1.25 billion in adjusted earnings and added 3.7 gigawatts of renewable energy and storage projects to its development backlog.

The company's renewable energy and storage backlog reached approximately 36.7 gigawatts, reflecting continued demand for new electricity generation and energy infrastructure.

NextEra reaffirmed its 2026 adjusted EPS outlook of $3.92–$4.02 and its long-term growth targets, while advancing its proposed combination with Dominion Energy.