NextEra Energy, Inc. (NEE), headquartered in Juno Beach, Florida, is a clean energy company that owns Florida Power & Light Company, America’s largest electric utility that provides electricity to approximately 5.9 million customers, or over 12 million people across Florida. Valued at $149.78 billion by market cap, the company’s clean energy business, NextEra Energy Resources, LLC, is the world’s largest renewable energy generator, harnessing wind and solar power. It is also a world leader in battery storage. NEE also generates electricity from seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin. The leading utility is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Wednesday, Jul. 24.
Ahead of the event, analysts expect NEE to report a profit of $0.92 per share on a diluted basis, up 4.6% from $0.88 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. During the previous quarter, the Florida Power & Light Company (FPL) reported that the average number of customers increased by 100,000, the best in over 15 years.
