NextEra Energy is an electric utility that offers a 2.9% forward dividend yield. The company has hiked its dividend at an 11% CAGR over the past decade.
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NextEra Energy delivered strong second-quarter results. The utility continues to benefit from robust renewable-energy demand.
NextEra is looking at restarting the Duane Arnold Energy Center in Iowa, CEO John Ketchum said. The Duane Arnold plant ceased operations in 2020 after 45 years of service.
Renewable energy demand is poised to skyrocket, driven primarily by the rise of AI data centers and the electrification of the economy, according to John Ketchum, CEO of NextEra Energy Inc. (NYSE: NEE).
NextEra Energy (NEE) shares advanced in intraday trading Wednesday as the renewable energy provider reported better-than-expected adjusted profit as it benefited from "strong tailwinds" and gave a positive outlook.
NextEra Energy, Inc. (NYSE:NEE ) Q2 2024 Results Conference Call July 24, 2024 9:00 AM ET Company Participants Mark Edelman - Director of Investor Relations John Ketchum - Chairman, President and Chief Executive Officer of NextEra Energy Brian Bolster - Executive Vice President and Chief Financial Officer of NextEra Energy Rebecca Kujawa - President and Chief Executive Officer of NextEra Energy Resources Mark Hickson - Executive Vice President of NextEra Energy Armando Pimentel - President and Chief Executive Officer of Florida Power & Light Company Conference Call Participants Steve Fleishman - Wolfe Research Shahriar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Nick Campanella - Barclays Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Carly Davenport - Goldman Sachs Andrew Weisel - Deutsche Bank Durgesh Chopra - Evercore ISI Operator Good day, and welcome to the NextEra Energy and NextEra Energy Partners LP Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
NextEra Energy's (NEE) second-quarter earnings benefit from its strong financial and operational performance in both its businesses.
Although the revenue and EPS for NextEra (NEE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NextEra Energy (NEE) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.88 per share a year ago.
Over the weekend, President Joe Biden caught the nation's attention when he announced that he will not seek a second term. He wasted no time, quickly endorsing Vice President Kamala Harris for the Democratic nomination.