NextEra Energy Q1 adj EPS $0.91 beats $0.84 YoY; Resources adds 2.8 GW backlog

FLORIDA POWER & LIGHT CO

GAAP net income $2.27B ($1.10 EPS); adjusted EPS $0.91, up 8.3% YoY.
FPL net income $1.17B, placed 1,640 MW solar; customer growth +100k, strongest in 15 yrs.
Energy Resources adjusted earnings $828M ($0.40); backlog adds 2,765 MW (solar, storage record).
FY2024 adj EPS guidance unchanged at $3.23-$3.43; 6-8% growth through 2026; dividend ~10% growth.
FPL customer bill reduction approved due to fuel savings; Ten-Year Site Plan targets 21 GW solar by 2033.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FLORIDA POWER & LIGHT CO reported first-quarter 2024 results: net income $1.172 billion, EPS $0.57 per share.

Period: first-quarter 2024
Net income: $1.172 billion
EPS: $0.57 per share
Result: reported results

Exact text from the filing

FPL reported first-quarter 2024 net income of $1.172 billion, or $0.57 per share, compared to $1.070 billion, or $0.53 per share, for the prior-year quarter.

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Source: SEC EDGAR

accession 0000753308-24-000021

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