NextEra Energy reported strong earnings and increased investment, despite slightly lower revenue.

NextEra Energy saw increased investment from several institutional investors in the third quarter, including Fiduciary Trust Co and PSP Investments, while BBR Partners slightly reduced its stake. The company reported strong earnings of $1.03 per share, surpassing estimates, though its revenue of $7.57 billion fell short. NextEra Energy, valued at $161.50 billion, has a P/E ratio of 23.24 and recently announced a quarterly dividend of $0.515 per share, payable on December 16.

November 28, 2024
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