NextEra Energy beat Wall Street estimates for its second-quarter adjusted profit, driven by robust performance in its renewables unit and increased power demand. The company reported adjusted earnings per share (EPS) of $0.98, marking a 9.4% increase year-over-year from $0.79 in the prior year period.
For the first six months of 2025, NextEra Energy's adjusted EPS grew 9.1% year-over-year, demonstrating consistent financial strength. Florida Power & Light (FPL) contributed significantly, with net income attributable to NextEra Energy reaching $1,275 million, up from $1,232 million in the comparable prior year period.
NextEra Energy Resources (NEER) saw its net income attributable to NextEra Energy surge to $983 million, a substantial increase from $552 million in the prior year period, primarily due to higher earnings from new investments and customer supply. NEER added 3.2 GW of new renewables and storage projects in Q2 2025, bringing its total backlog to nearly 30 GW, with approximately 6 GW dedicated to technology and data center customers.
The company reaffirmed its long-term financial expectations, aiming to deliver results at or near the top end of its adjusted EPS expectation ranges. These ranges are $3.45 to $3.70 for 2025, $3.63 to $4.00 for 2026, and $3.85 to $4.32 for 2027, reinforcing confidence in its growth trajectory.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.