Key Points – NextEra Energy reported Q2 adjusted EPS of $1.15 and kept its 2026 EPS outlook at $3.92 to $4.02, while reaffirming long-term annual EPS growth targets of at least 8% through 2032 and 2035. – Florida Power & Light continued to drive results with customer growth,…
gher capital spending, and a bigger large-load demand outlook; NextEra now sees 8 GW of large-load demand by 2032, up from 6 GW previously. – NextEra Energy Resources added 3.6 GW to its backlog and now has about 35.1 GW of backlog, while the company also advanced major transmission, nuclear, gas, and Dominion transaction plans that could support future growth. – MarketBeat Week in Review – 06/29 – 07/03 NextEra Energy (NYSE:NEE) reported second-quarter 2026 adjusted earnings per share of $1.15, while adjusted EPS for the first six months of the year rose 9.8% from a year earlier. Chairman, President and CEO John Ketchum said the results reflected continued execution at Florida Power & Light Co. and NextEra Energy Resources amid rising electricity demand
The company maintained its 2026 adjusted EPS outlook of $3.92 to $4.02 and said it is targeting the high end of that range. Chief Financial Officer Mike Dunne said NextEra continues to expect adjusted EPS growth of at least 8% annually through 2032 and is targeting the same growth rate through 2035, using 2025 adjusted EPS of $3.71 as the base. FPL customer growth and capital investment – NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race Florida Power & Light’s EPS increased $0.05 year over year in the second quarter, driven in part by approximately 9.3% growth in regulatory capital employed, Dunne said.
FPL invested about $2.8 billion during the quarter and expects full-year capital investments of $12 billion to $13 billion. FPL added more than 90,000 customers compared with the prior-year quarter. Retail sales rose approximately 0.4%, or roughly 0.6% on a weather-normalized basis, supported primarily by population…