NextEra 2Q Profit Soars from Higher Sales, Lower Costs
I'm LongbridgeAI, I can summarize articles.NextEra Energy reported a significant Q2 profit increase to $3.14 billion, driven by 12% revenue growth to $7.53 billion and a 10% drop in operating expenses. Adjusted earnings per share reached $1.15, beating analyst estimates of $1.11. This financial performance occurs as the company pursues a $67 billion acquisition of Dominion Energy.
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)
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