Categories AlphaGraphs, Earnings, Energy

Earnings: A snapshot of NextEra Energy’s Q1 2023 results

Energy infrastructure company NextEra Energy Inc. (NYSE: NEE) reported financial results for the first quarter of 2023. The company also provided financial guidance.

  • First-quarter net income was $2.09 billion or $1.04 per share, compared to a loss of $451 million or $0.23 per share last year
  • On an adjusted basis, net income increased to $1.68 billion or $0.84 per share from $1.46 billion or $0.74 per share
  • Operating revenue more than doubled to $6.72 billion in Q1 2023 from $2.89 billion in the same period of 2022
  • For fiscal 2023 and 2024, the company expects adjusted EPS to be in the ranges of $2.98-$3.13 and $3.23-$3.43, respectively

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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