NextEra Energy Q3 2026: The Regulated Compounder Meets the AI Power Rush

Podcast: Exponential Learning · The Team

Opublikowano: 2026-10-22

NextEra Energy's Q3 2026: adjusted EPS of $1.24 beat consensus, up 9.7% year over year, while revenue of $8.09B missed. FPL's regulated machine compounded on 9.2% growth in regulatory capital employed, Energy Resources pushed its backlog to 36.7 GW, and the data-center large-load pipeline topped 20 GW, including 16.5 GW of fee-based, capital-light federal hubs. Guidance was reaffirmed at the high end and the 8%+ long-term EPS growth framework through 2032 stands. We break down the quarter, the Dominion combination path, the financing plan, and the bull and bear cases.