earnings
confidence high
sentiment positive
materiality 0.90
NextEra Energy Q1 adjusted EPS $1.09 (+10% YoY); FPL capital up 8.8%; record 4 GW origination
FLORIDA POWER & LIGHT CO
- GAAP net income $2.182B ($1.04/share); adjusted net income $2.275B ($1.09/share), +10% YoY.
- FPL net income $1.462B ($0.70/share), regulatory capital employed +8.8% YoY, added ~100k customers.
- NextEra Energy Resources adjusted earnings $1.038B ($0.50/share); added 4 GW to backlog (1.3 GW battery), total backlog ~33 GW.
- U.S. Department of Commerce selected NextEra to build 9.5 GW gas generation in TX/PA as part of Japan's $550B investment.
- FY 2026 adjusted EPS guidance $3.92-$4.02 (target high end); long-term adj. EPS growth 8%+ through 2032; dividend growth ~10% through 2026, then 6% through 2028.