- NextEra Energy (NYSE:NEE) reports better than expected Q2 earnings and revenues, and raises its long-term earnings forecast.
- NEE reaffirms its 2015 EPS guidance of $5.40-$5.70 vs $5.63 analyst consensus estimate, but says it now expects 2016 EPS of $5.85-$6.35, ahead of its previous forecast of $5.75-$6.25; it foresees EPS of $6.60-$7.10 in 2018.
- NEE says profit at its Florida Power & Light unit rose to $435M from $423M a year ago, while profit at NextEra Energy Resources grew to $273M from $81M a year ago.
- Meanwhile, NextEra Energy Partners (NYSEMKT:NEP), which also released Q2 results, agrees to acquire privately-held NET Midstream in a $2.1B deal, which will add seven natural gas pipelines in Texas to its portfolio.