03:31 PM EDT, 10/22/2024 (MT Newswires) -- NextEra Energy (NEE) is expected to report "healthy" Q3 earnings growth, while its NextEra Energy Partners ( NEP ) unit is likely to post flat EBITDA in Q3, RBC Capital Markets said in a note Tuesday.

Both companies are scheduled to release Q3 results on Wednesday.

The spotlight will be on future growth drivers for both companies during the earnings call, the investment firm said.

NextEra Energy is looking ahead to the upcoming rate case and renewable demand, while the NextEra Energy Partners ( NEP ) unit is expected to face queries about its long-term funding structure, RBC said.

RBC said it expects NextEra Energy's management to "place a significant focus on the robustness of demand for new renewable energy" at the company's NextEra Energy Resources unit, "especially from hyperscaler and utility customers," the firm said.

RBC has an outperform rating on NextEra Energy and a $93 price target while it has a sector perform rating on NextEra Energy Partners ( NEP ) with a $29 price target.

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