NextEra Energy Q3 Earnings: Key Highlights and Future Outlook

Wednesday, 23 October 2024, 13:41

Business news indicates that NextEra Energy's Q3 earnings report for 2024 shows significant growth in net income. The earnings preview suggests robust adjusted EPS expectations. Investors should consider the NEE stock analysis for informed decisions.
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NextEra Energy Q3 Earnings: Key Highlights and Future Outlook

NextEra Energy's Q3 2024 Earnings Overview

NextEra Energy Inc. (NYSE: NEE) reported impressive financial results for Q3 2024. The company experienced a striking increase in net income attributable, reaching $1.85 billion or $0.90 per share, compared to $1.22 billion or $0.60 per share from the previous year.

Adjusted Earnings Performance

On an adjusted basis, September-quarter earnings hit $2.13 billion or $1.03 per share, an increase from $1.92 billion or $0.94 per share in Q3 2023. The company remains optimistic, maintaining its adjusted EPS forecast in the range of $3.23 to $3.43 for fiscal 2024.

Future Earnings Guidance

  • 2025: Expected adjusted EPS range of $3.45 to $3.70
  • 2026: Expected adjusted EPS range of $3.63 to $4.00
  • 2027: Expected adjusted EPS range of $3.85 to $4.32

Investors can anticipate continued growth, with dividends projected to increase at an approximate 10% rate per year through at least 2026.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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