NextEra 2Q Profit Soars from Higher Sales, Lower Costs
By Dean Seal
NextEra Energy recorded a big jump in profit for the second quarter from climbing revenue and a decline in costs.
The clean-energy company posted a profit of $3.14 billion, or $1.50 a share, up from $2.03 billion, or 98 cents a share, in the same quarter a year earlier.
Stripping out one-time items, adjusted earnings were $1.15 a share. Analysts polled by FactSet had been expecting $1.11 a share.
Revenue jumped 12% to $7.53 billion, below analyst forecasts for $8.11 billion.
Operating expenses meanwhile fell 10% to $5.29 billion.
The profit surge comes as NextEra works to complete a blockbuster deal to buy Dominion Energy for roughly $67 billion and create the largest U.S. electricity producer.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
July 24, 2026 08:15 ET (12:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for October
Undervalued by 15%, This Utilities Stock Could Be an Unexpected AI Winner
The Thrilling 37
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
