NextEra beats profit expectations on rate hikes, robust power demand

Reuters

2025/04/23

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)

((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))

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