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AI English summary of an SEC filing — figures as filed

NextEra Energy logoNextEra Energy NEE

The company said full-year 2023 net income attributable to NextEra Energy on a GAAP basis was $7.310 billion ($3.60 per share), and on an adjusted basis was $6.441 billion ($3.17 per share). 2022 GAAP was $4.147 billion and adjusted was $5.742 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary

  1. The company said full-year 2023 net income attributable to NextEra Energy on a GAAP basis was $7.310 billion ($3.60 per share), and on an adjusted basis was $6.441 billion ($3.17 per share). 2022 GAAP was $4.147 billion and adjusted was $5.742 billion.

  2. NextEra Energy said net income attributable to NextEra Energy on a GAAP basis for Q4 2023 was $1.210 billion ($0.59 per share), compared with $1.522 billion ($0.76 per share) a year earlier. On an adjusted basis, it was $1.067 billion ($0.52 per share), versus $1.011 billion ($0.51 per share) a year earlier.

  3. The company said full-year 2023 adjusted FPL net income was $4.251 billion ($2.09 per share), and NextEra Energy Resources earnings were $2.757 billion ($1.36 per share). The company cited continued investment in the business as the main driver of FPL's full-year growth.

  4. The company said it continues to expect adjusted earnings per share for 2024 to be in the range of $3.23 to $3.43. It also expects to grow 6% to 8% in 2025 and 2026 off the 2024 adjusted earnings per share range. It explained that this equates to a range of $3.45 to $3.70 for 2025 and $3.63 to $4.00 for 2026.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-Year 2023 GAAP and Adjusted Net Income

The company said full-year 2023 net income attributable to NextEra Energy on a GAAP basis was $7.310 billion ($3.60 per share), and on an adjusted basis was $6.441 billion ($3.17 per share). 2022 GAAP was $4.147 billion and adjusted was $5.742 billion.

Source · Based on the filing body and exhibits

Q4 2023 GAAP and Adjusted Net Income

NextEra Energy said net income attributable to NextEra Energy on a GAAP basis for Q4 2023 was $1.210 billion ($0.59 per share), compared with $1.522 billion ($0.76 per share) a year earlier. On an adjusted basis, it was $1.067 billion ($0.52 per share), versus $1.011 billion ($0.51 per share) a year earlier.

Source · Based on the filing body and exhibits

Segment Adjusted Results for Full-Year 2023

The company said full-year 2023 adjusted FPL net income was $4.251 billion ($2.09 per share), and NextEra Energy Resources earnings were $2.757 billion ($1.36 per share). The company cited continued investment in the business as the main driver of FPL's full-year growth.

Source · Based on the filing body and exhibits

2024–2026 Adjusted EPS Outlook

The company said it continues to expect adjusted earnings per share for 2024 to be in the range of $3.23 to $3.43. It also expects to grow 6% to 8% in 2025 and 2026 off the 2024 adjusted earnings per share range. It explained that this equates to a range of $3.45 to $3.70 for 2025 and $3.63 to $4.00 for 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.