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Business
Mangeet Kaur Bouns

NextEra Energy (NEE) Earnings Moves: A Buy or Sell for Investors?

NEE NextEra Energy NextEra Energy Partners John Ketchum Mangeet Kaur BounsMangeet NextEra Energy Inc

NextEra Energy, Inc. (NEE), a leading clean energy company, released its third-quarter 2023 financial results on October 24, before the market opened. The company’s earnings surpassed analysts’ expectations; however, its revenue lagged. NEE reported third-quarter earnings per share of $0.94, above analysts’ estimate of $0.88 and up 10.6% year-over-year.

The company’s operating revenues came in at $7.17 billion, missing the consensus estimate of $7.18 billion but an increase of 6.7% from the prior year’s quarter.

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