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NextEra Energy's Q1 Adjusted Earnings Rise, Revenue Falls; Reiterates 2024 Adjusted Profit Outlook
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NextEra Energy's Q1 Adjusted Earnings Rise, Revenue Falls; Reiterates 2024 Adjusted Profit Outlook
Apr 23, 2024 5:30 AM

08:12 AM EDT, 04/23/2024 (MT Newswires) -- NextEra Energy (NEE) reported Q1 adjusted earnings Tuesday of $0.91 per diluted share, up from $0.84 a year earlier.

Analysts polled by Capital IQ expected $0.78.

Operating revenue for the quarter ended March 31 was $5.73 billion, down from $6.72 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.26 billion.

The electric utility company said it continues to expect 2024 adjusted EPS of $3.23 to $3.43. Analysts polled by Capital IQ are looking for $3.40.

For 2025, it expects adjusted EPS of $3.45 to $3.70. Analysts polled by Capital IQ expect $3.67. For 2026, it expects adjusted EPS of $3.63 to $4.00. Analysts surveyed by Capital IQ expect $3.96.

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