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NextEra Energy Beats Q3 Profit Estimates, Boosting Shares
Renewable energy power utility NextEra Energy Inc. (NYSE:NEE) has delivered a healthy third quarter earnings report, giving the clean energy utility giant’s share a 0.25% boost in Wednesday trading. The company reported Q3 2024 GAAP net income of $1.852 billion, or $0.90 per share, compared with $1.219 billion, or $0.60 per share, for Q3 2023 while non-GAAP EPS of $1.03 beat Wall Street expectations by $0.06. NextEra Energy also reported net income of $2.127 billion, or $1.03 per share, on an adjusted basis, an improvement on adjusted...