NextEra Energy (NEE) is higher today after posting a first-quarter 2026 earnings beat, with adjusted EPS of $1.09 versus Wall Street expectations near the mid-$0.90s. The company also reiterated its full-year 2026 adjusted EPS range of $3.92 to $4.02 and said it is targeting the high end of that range.

NextEra reported first-quarter 2026 GAAP net income attributable to NextEra Energy of $2.182 billion, or $1.04 per share, and adjusted earnings of $2.275 billion, or $1.09 per share. Florida Power & Light (FPL) posted first-quarter 2026 net income of $1.462 billion, or $0.70 per share, while NextEra Energy Resources reported first-quarter 2026 adjusted earnings of $1.038 billion, or $0.50 per share.

NextEra Energy Resources said it added 4 GW of new renewables and storage origination in the quarter, including 1.3 GW of battery storage, bringing total backlog to approximately 33 GW after projects placed into service since the Q4 2025 call. The company also emphasized progress on its data-center hub strategy and said the U.S. Department of Commerce selected NextEra Energy Resources to build 9.5 GW of new gas-fired generation to serve large load in Texas and Pennsylvania, with NextEra developing, building, and operating the projects.

Investors will focus on whether NextEra can maintain momentum in contracted renewables and storage origination while executing its large-load buildout pipeline, and whether FPL’s capital plan (including new gas, solar, and storage additions outlined in its Ten-Year Site Plan) supports steady regulated earnings growth. Management commentary on the 9 a.m. ET earnings call may also shape expectations for timelines, definitive agreements, and capital needs tied to large-load projects.