NextEra Energy Continues to Shine

NextEra Energy (NYSE: NEE) continues to benefit from the accelerating shift toward cleaner energy sources. The giant utility delivered strong third-quarter results, powered by its leading renewable energy business. That has it well-positioned to deliver on its long-term growth outlook and continue creating value for its shareholders. 

According to the report it released Wednesday morning, NextEra Energy generated $1.483 billion, or $0.75 per share, of adjusted net income during the third quarter. That was 12% higher year over year on a per-share basis, which is pretty remarkable growth for a large-scale utility. The company benefited from "continued strong financial and operational performance across all the businesses," CEO Jim Robo said in the earnings release.

Image source: Getty Images.

Continue reading


Source Fool.com