By Katherine Hamilton
NextEra Energy posted a lower profit in the first quarter but expects its yearly outlook to remain the same.
The nuclear-energy company on Wednesday posted a profit of $833 million, or 40 cents a share, in the three months ended March 31, compared with $2.27 billion, or $1.10 a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were 99 cents, ahead of the 97 cents forecast by analysts, according to FactSet.
Revenue rose to $6.25 billion from $5.73 billion. Analysts surveyed by FactSet forecast revenue of $6.64 billion.
NextEra recorded higher interest expenses across its businesses.
NextEra said it expects its financial outlook to remain unchanged. It is guiding for adjusted earnings per share of $3.45 to $3.70 for the full year.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
April 23, 2025 08:14 ET (12:14 GMT)
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