April 23 (Reuters) - NextEra Energy NEE.N beat Wall Street estimates for first-quarter profit on Wednesday, boosted by rate hikes at its electric utility and increased power demand.
On an adjusted basis, the Juno Beach, Florida-based company posted a profit of 99 cents per share, beating analysts' average estimate of 97 cents, according to data compiled by LSEG.
(Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila)
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