earnings
confidence high
sentiment positive
materiality 0.85
NextEra Q3 2026 adjusted EPS rises 9.7% to $1.24; renewables backlog grows to ~36.7 GW
NEXTERA ENERGY INC
- NextEra Q3 2026 adjusted EPS $1.24 vs $1.13 a year earlier, up 9.7%; GAAP net income $4.775 billion, or $2.28 per share, vs $1.18.
- FPL net income $1.62 billion ($0.77/share) on ~$2.4 billion of Q3 capex; full-year capex ~$12 billion; regulatory capital employed up ~9.2% year-over-year.
- NextEra Energy Resources added 3.7 GW to its backlog, now ~36.7 GW, including 2.4 GW of battery storage; adjusted earnings $1.247 billion ($0.59/share).
- Dominion combination: shareholders approved Sept. 3; Virginia and South Carolina hearings set for November and December with final orders expected January 2027; close targeted 2H 2027.
- 2026 adjusted EPS guidance $3.92-$4.02, targeting the high end; 8%+ EPS CAGR through 2032 off a $3.71 2025 base; Duane Arnold backed by DOE loan up to $1.9 billion.