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Barchart
Aditya Sarawgi

What You Need To Know Ahead of NextEra Energy's Earnings Release

NextEra NEE

Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, transmits, distributes, and sells electric power to retail and wholesale customers across North America. Valued at $150.4 billion by market cap, NextEra generates electricity through wind, solar, nuclear, natural gas, and other clean sources. The utility giant is expected to announce its second-quarter results on Wednesday, Jul. 23.

Ahead of the event, analysts expect NextEra to announce a non-GAAP profit of $1.03 per share, up a notable 7.3% from $0.96 per share in the year-ago quarter. Moreover, the company has a solid earnings surprise history. NextEra has surpassed the Street’s earnings expectations in each of the past four quarters.

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