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NextEra Energy (NYSE:NEE) +0.9% in Wednesday's trading after edging past Q1 adjusted earnings expectations and saying it has cut its tariff exposure to $150M while shifting risk to suppliers.
Q1 profit fell to $833M, or $0.40/share, compared with $2.27B, or $1.10/share, in the year-earlier quarter, while revenues rose 9% Y/Y to $6.25B.