NextEra Energy Beats First Quarter Profit Estimates
The utility giant reported adjusted earnings of $1.09 per share for the first quarter. Strong performance in renewables and higher power demand drove results.
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NEXTERA ENERGY INC reported first-quarter financial results that surpassed Wall Street expectations on Thursday, driven by a surge in power demand and robust growth within its renewable energy segment. The Florida-based utility giant posted an adjusted profit of $1.09 per share for the period ending March 31, significantly outperforming the average analyst projection of 96 cents per share, according to data from LSEG.
