NextEra Energy posts Q3 2026 earnings beat and advances Dominion merger

NextEra Energy reported third‑quarter 2026 results on Oct. 21, 2026. Adjusted earnings per share were $1.24, up 9.7% YoY, while GAAP net income rose to $4.775 billion ($2.28 per share). The company added 3.7 GW of renewables to its backlog, now about 36.7 GW, and said the pending Dominion Energy combination remains on track for a late‑2027 close.

The company reaffirmed its FY 2026 adjusted EPS guidance of $3.92‑$4.02, targeting the high end. Maintaining guidance signals that earnings growth expectations remain unchanged despite the revenue miss, which may keep the stock’s valuation stable for investors.

  • 1Adjusted EPS was $1.24, a 9.7% year‑over‑year increase.
  • 2GAAP net income was $4.775 billion, or $2.28 per share, versus $2.438 billion, $1.18 per share, a year‑over‑year rise.
  • 3Regulatory capital employed grew approximately 9.2% YoY.
  • 4Renewables and storage backlog reached approximately 36.7 GW after adding 3.7 GW in the quarter.
  • 5FPL net income was $1.62 billion, or $0.77 per share, up from $1.463 billion, $0.71 per share.
  • 6FPL capital expenditures were approximately $2.4 billion for the quarter.

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