NEE

Wells Fargo on Tuesday reported second-quarter net income of $6.4 billion, or $2 per diluted share, up 17% from $5.49 billion, or $1.60 per share, a year earlier. Analysts had expected earnings of $1.72 per share on revenue of $21.9 billion, according to Barron's. Total revenue rose 9% to $22.6 billion. Noninterest income climbed 13% to $10.3 billion, topping the $9.44 billion average analyst estimate, according to Bloomberg. Net interest income rose 5% to $12.3 billion, in line with analyst expectations. Investment banking fees reached $939 million, a 35% increase from a year earlier, with debt and equity underwriting both contributing to the gain. Among the quarter's notable mandates, the bank took a joint bookrunner role on SpaceX's $86 billion IPO and provided advisory services to NextEra Energy on its $67 billion acquisition of Dominion Energy. Wells Fargo also advised Apollo on a $35 billion financing package for AI lab Anthropic, according to Reuters. Wealth and Investment Management revenue grew 13% to $3.89 billion, with net interest income in that segment up 17% and noninterest income up 12% on higher investment advisory fees tied to rising market valuations. Total client assets in the segment grew 15% from a year ago to $2.69 trillion, the company said. Corporate and Investment Banking revenue rose 16% to $5.43 billion. Markets revenue within that segment jumped 24% to $2.21 billion, while Banking revenue increased 20%, driven by higher investment banking fees and loan growth. Average loans across the company rose 12% from a year ago to $1.03 trillion, and average deposits grew 10% to $1.47 trillion. Net loan charge-offs declined to 0.34% of average total loans on an annualized basis, down from 0.44% a year earlier. Return on tangible common equity rose to 17.7% from 15.2% a year ago. Wells Fargo repurchased $3.0 billion of common stock during the quarter and said it plans to raise its third-quarter dividend to $0.50 per share from $0.45, pending board approval. "We are clearly benefitting from the broad-based economic strength we see in the U.S., but the investments we are making and our improved operating discipline also drove strong momentum in our key business metrics across all operating segments," Chief Executive Officer Charlie Scharf said in a statement. Shares of Wells Fargo were up roughly 1.5% in early Tuesday trading.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? NextEra Energy (NEE), which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider. This parent company of Florida Power & Light Co. has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.56%. For the last reported quarter, NextEra came out with earnings of $1.09 per share versus the Zacks Consensus Estimate of $0.98 per share, representing a surprise of 11.22%. For the previous quarter, the company was expected to post earnings of $0.53 per share and it actually produced earnings of $0.54 per share, delivering a surprise of 1.89%. With this earnings history in mind, recent estimates have been moving higher for NextEra. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. NextEra currently has an Earnings ESP of +2.44%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 24, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predic...

JUNO BEACH, Fla., July 10, 2026 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that it plans to report second-quarter 2026 financial results before the opening of the New York Stock Exchange on Friday, July 24, 2026, in a news release to be posted on the company's website at www.NextEraEnergy.com/FinancialResults. The company will issue an advisory news release over PR Newswire the morning of July 24, with a link to the financial results news release on the company's website. As previously communicated, the company will make available its financial results only on its website. John Ketchum, chairman, president and chief executive officer of NextEra Energy; Mike Dunne, executive vice president, finance and chief financial officer of NextEra Energy; and other members of the company's senior management team will discuss the company's second-quarter 2026 financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET on July 24. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/FinancialResults. The financial results news release and the slides accompanying the presentation may be downloaded at www.NextEraEnergy.com/FinancialResults, beginning at 7:30 a.m. ET on the day of the webcast. A replay will be available for 90 days by accessing the link listed above. NextEra Energy, Inc.NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/nexte...

PPL Corporation PPL benefits from a diversified energy portfolio, reducing fossil fuel dependence and generating stable cash flows through regulated utility operations. Its Kentucky operations include a balanced mix of coal, natural gas, hydro and solar generation, while its regulated utilities in Pennsylvania and Rhode Island provide reliable electricity and natural gas delivery services. This balanced approach allows PPL to support decarbonization without sacrificing a dependable electricity supply, creating a strong foundation for future earnings growth. The company is also evaluating advanced nuclear technology with X-energy and a 266-megawatt pumped-storage hydro project with Rye Development to support future demand for reliable, carbon-free electricity. If approved, these projects could expand PPL's regulated asset base and strengthen long-term earnings growth. The company's portfolio benefits from rising electricity demand driven by AI data centers and industrial expansion. Its Pennsylvania segment registered nearly 28.3 gigawatts (GW) of potential data center demand, while Kentucky's development pipeline totals 12.9 GW, largely driven by data center projects.PPL's planned $23 billion investment through 2029 will modernize infrastructure, expand clean energy generation, support 10.3% annual rate base growth and drive upper-end 6-8% EPS growth. The company's diversified utilities, capital investments and balanced energy portfolio support steady earnings growth and long-term shareholder value. A balanced mix of regulated, renewable and natural gas generation supports rising electricity demand while ensuring grid reliability. This diversified portfolio reduces fuel price risk, supports stable earnings and positions utilities for long-term growth through cleaner and more resilient power generation.Xcel Energy XEL benefits from a balanced energy portfolio, expanding wind, solar, nuclear, natural gas and battery storage. It is strengthening generation and grid infrastructure to reliably meet rising data center and electrification demand.NextEra Energy, Inc. NEE benefits from a diversified generation mix led by renewable energy, alongside natural gas, nuclear power and other energy sources, supporting reliable operations, lower emissions and long-term earnings growth. The Zacks Consensus Estimate for 2026 and 2027 earnings per share indicates a year-over-yea...

NextEra Energy NEE offers an attractive long-term investment opportunity, driven by its leadership in renewable energy and an expanding portfolio of long-term power purchase agreements (PPAs). Rising demand for reliable, carbon-free electricity from data centers, technology companies and industrial customers supports continued growth, while its regulated utility business provides stable cash flows and a resilient earnings base.Strategic partnerships are strengthening NextEra's growth outlook. Agreements with Google Cloud and Meta are expanding demand for the company's wind, solar and battery storage projects while adding long-duration contracted revenues. These PPAs enhance earnings visibility, reduce exposure to power price volatility and diversify the customer base through high-quality counterparties.NextEra’s subsidiary has entered into an MOU with Xcel Energy to accelerate the development of new power generation for large electricity consumers, including data centers. The agreement strengthens their long-standing partnership and supports faster capacity expansion to meet rising power demand.With disciplined capital investment, a robust renewable development pipeline and a growing backlog of contracted assets, NextEra is well positioned to deliver sustainable earnings growth. NextEra's expanding portfolio of PPAs provides the foundation for its renewable growth by securing stable, contracted revenues and supporting new project development. These agreements underpin a 33-gigawatt (“GW”) backlog of signed projects, giving the company strong earnings visibility. Supported by this contracted pipeline, NextEra’s unit Energy Resources plans to significantly expand its renewable generation and storage portfolio, reinforcing long-term earnings growth as demand for clean electricity continues to rise. Long-term PPAs benefit utilities by providing stable, contracted revenues, improving cash flow visibility and reducing exposure to power price volatility. This supports infrastructure investments, strengthens earnings stability and enables continued expansion of reliable, clean energy generation.Other than NextEra Energy, Dominion Energy D and Duke Energy DUK are well positioned to benefit from long-term PPAs. These agreements provide stable, predictable revenues, support renewable energy investments, reduce market risk and improve earnings visibility, enabling both...

Valued at a market cap of $184.9 billion, NextEra Energy, Inc. (NEE) is one of the largest electric utility and clean energy companies in the world. Through its regulated utility business and renewable energy operations, the company generates, transmits, distributes, and sells electricity to millions of customers across the United States. The company is expected to announce its fiscal Q2 earnings for 2026 in the near future. Ahead of this event, analysts expect this utility giant to report a profit of $1.08 per share, up 2.9% from $1.05 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in each of the last four quarters. Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better Nvidia Is Still a Bargain. Analysts See 57% Upside in NVDA Stock. McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the current fiscal year, ending in December, analysts expect NEE to report a profit of $4.01 per share, up 8.1% from $3.71 per share in fiscal 2025. Furthermore, its EPS is expected to grow 8.7% year over year to $4.36 in fiscal 2027. Shares of NEE have gained 25.1% over the past 52 weeks, surpassing both the S&P 500 Index's ($SPX) 19.9% return and the State Street Utilities Select Sector SPDR ETF’s (XLU) 13.2% uptick over the same time period. NextEra Energy has outperformed the broader market over the past year due to strong investor demand for defensive utility stocks, continued growth in its regulated utility business, expanding renewable energy portfolio, and optimism surrounding rising electricity demand driven by AI data centers and electrification trends. Stable earnings growth and consistent dividend increases have also supported investor confidence. Wall Street analysts are moderately optimistic about NEE’s stock, with an overall "Moderate Buy" rating. Among 22 analysts covering the stock, 13 recommend "Strong Buy," eight indicate "Hold,” and one suggests a "Strong Sell.” The mean price target for NEE is $97.57, indicating a 10% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in th...

Duke Energy DUK is entering one of the largest capital investment cycles in its history, positioning itself to benefit from rising electricity demand while maintaining relatively predictable cash flows. Duke Energy plans to invest approximately $103 billion between 2026 and 2030 to modernize its regulated electric and gas utilities, expand generation capacity, strengthen grid reliability and meet accelerating electricity demand. Management reaffirmed its 2026 adjusted earnings per share (EPS) guidance of $6.55-$6.80 and a 5-7% adjusted EPS growth rate projection through 2030, with confidence to earn in the top half of the range beginning in 2028. The company reaffirmed its 2026 capital expenditure outlook of approximately $17.75 billion, with year-to-date spending totaling $4.19 billion as of March 31, 2026.Duke Energy continues to see increasing demand from large commercial and industrial customers, particularly data centers, advanced manufacturing facilities and economic development projects across North Carolina, South Carolina, Florida, Indiana and other service territories. Management expects these trends to remain an important driver of load growth over the coming decade.DUK is simultaneously executing a balanced energy transition strategy. Rather than relying on a single technology, the company is expanding renewable generation, investing in battery storage, upgrading natural gas assets and exploring advanced nuclear technologies. Although regulatory approvals and interest rates remain important factors to monitor, Duke Energy's predominantly regulated business model provides unusually strong earnings visibility. As capital investments are placed into service and incorporated into the regulated asset base, they create opportunities for steady earnings growth while supporting the company's long-standing commitment to dividend increases. Along with Duke Energy, several other utilities are also pursuing similar long-term investment strategies, as discussed below:NextEra Energy, Inc. NEE aims to invest nearly $94.2 billion in the 2026-2030 period. Its unit, Florida Power & Light Company, plans to invest nearly $57.38 billion during 2026-2030 to develop new generation units, add new transmission and distribution units, and strengthen existing operations.Dominion Energy, Inc. D has a well-chalked-out long-term capital expenditure plan to strengthen and expa...

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Mix up almost any macro cocktail you want, and the equities desks at Wall Street’s big banks will tell you it went down as smooth as an Aperol Spritz. Bloomberg News reported Tuesday that the equities trading desk at Goldman Sachs is on pace to generate over $5 billion in revenue in the second quarter, and could even set a record for the third quarter in a row by besting last quarter’s $5.3 billion haul. Sign up for The Daily Upside at no cost for premium analysis on all your favorite stocks. READ ALSO: Quantum Strategy Helps IBM Steer Around Tech Wreck and Apollo Caps Private Credit Fund Withdrawals After Requests Near 17% Last year, stock traders surfed high volumes (from volatility caused by the Trump administration’s tariffs) to record revenues. In the first quarter of this year, they raked in higher profits as trading volumes swelled amid the Iran war. The latest tailwind has been the trading boom in Asia, according to Bloomberg. That tracks with the bull market runs in South Korea, where the Kospi Composite Index is up 94% in 2026, and Japan, where the Nikkei 225 is up 38%. As well, the Mega Taiwan Blue Chip 30 ETF, which tracks the island country’s leading firms, is up 88%. Investors have been quick to capitalize on companies benefiting from the artificial intelligence boom, like Korean memory giants Samsung and SK Hynix, or Taiwan Semiconductor, that trade at a discount relative to major US firms. “Eighty percent of Taiwan’s market is tech-oriented, in some way touching AI,” Tim Moe, the chief Asia Pacific equity strategist and co-head of macro research in Asia at Goldman Sachs Research, said during a podcast last month. “For Korea, that number is about 50% to 60% of the index. Japan is a little bit lower, maybe 30%.” Goldman’s equities desk will walk away from the quarter having made a mint off the trend, which suffered a slight dent Tuesday: Earlier this month, Moe’s team lifted its 12-month target for the Kospi to 12,000, implying a 45% upside from its 8,200 close yesterday. But speaking of yesterday, the Kospi suffered what the daily newspaper Chosun Ilbo dubbed a “Black Tuesday,” with the index cratering 10% as Samsung and SK Hynix each fell more than 12% (it rose 3.3% on Wednesday, in a testament to the benchmark’s tech-fueled v...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. If you are wondering whether NextEra Energy at US$85.12 is giving you fair value for the risk you are taking, you are asking the right question for this stock. The share price has returned 0.6% over the last week, is down 10.2% over the last month, and is up 5.2% year to date and 20.0% over the past year, which gives a mixed picture of recent momentum and shifting risk perception. Recent coverage has focused on NextEra Energy's position as a large US utilities stock and its role in the broader energy mix. This helps frame how investors think about its long term prospects and risk profile. At the same time, commentary around interest rate expectations and capital intensive sectors has added extra context to the stock's recent price swings. Simply Wall St's valuation model gives NextEra Energy a value score of 1 out of 6. This raises useful questions about how different valuation approaches might view the stock and sets up a look at not just traditional metrics, but also a more complete way to think about valuation later in the article. NextEra Energy scores just 1/6 on our valuation checks. See what other red flags we found in the full valuation breakdown. The Dividend Discount Model estimates what a stock might be worth by projecting future dividends and discounting them back to today. It is most useful when a company has an established dividend track record and a reasonably stable payout profile. For NextEra Energy, the model uses a current dividend per share of about US$2.71, a return on equity of 9.89% and a payout ratio of roughly 59.47%. Dividend growth in the model is capped at 3.54%, slightly below the 4.01% figure implied by other inputs, with an expected growth input of 4.01%. This keeps the assumptions for long term growth and dividend sustainability relatively restrained. Putting these inputs together, Simply Wall St’s DDM approach produces an estimated intrinsic value of US$75.82 per share. Compared with the current share price of US$85.12, this implies the stock is about 12.3% overvalued on this dividend based view. Result: OVERVALUED Our Dividend Discount Model (DDM) analysis suggests NextEra Energy may be overvalued by 12.3%. Discover 47 high quality undervalued stocks or create your own screener to find b...

Solid earnings and a resilient economy could keep the rally going—even if the Fed starts thinking about interest rate hikes.

JUNO BEACH, Fla., May 21, 2026 /PRNewswire/ -- The board of directors of NextEra Energy, Inc. (NYSE: NEE) declared a regular quarterly common stock dividend of $0.6232 per share. The dividend is payable on June 15, 2026, to shareholders of record on June 5, 2026. NextEra Energy, Inc.NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/nextera-energy-board-declares-quarterly-dividend-302779550.html

Retail earnings to offer glimpse at household spending, NextEra-Dominion tie up would capitalize on AI power boom, the Warsh era begins, and more news to start your day.