NextEra Energy Inc

NextEra Energy delivered a disappointing finish to fiscal 2025, posting Q4 adjusted earnings of $0.54 per share — missing the $0.92 consensus estimate by 41.39% — while revenue of $6.50 billion fell 10.64% short of the $7.27 billion Wall Street had anticipated, even as the top line grew 4.0% year over year. The gap between adjusted and GAAP results largely explains the miss: on a GAAP basis, net income attributable to NextEra reached $1.53 billion, or $0.73 per share, reflecting items excluded from the adjusted figure. The company's regulated utility anchor, Florida Power & Light, remained a bright spot, generating full-year net income of $5.01 billion and benefiting from a newly approved four-year rate agreement that clears the path for up to $100 billion in infrastructure investment through 2032. Meanwhile, NextEra Energy Resources set an origination record of approximately 13.5 GW for the year, pushing its total backlog to roughly 30 GW — with plans to <a href="https://247wallst.com/investing/2025/12/11/this-nuclear-play-trades-at-61-premium-despite-earnings-falling-22-this-quarter/">recommission nuclear capacity</a> adding longer-term optionality. Management guided 2026 adjusted EPS of $3.92 to $4.02, targeting 8%+ annual growth through 2032.