NextEra Beats Q3 Estimates on Renewables and Utilities Growth

NextEra beat Q3 profit estimates due to strength in renewables and utilities businesses

Florida Power & Light added 65,000 more customers indicating higher retail sales

NextEra Energy Resources added 3,245 MW of new renewable and storage projects

NextEra expects to transfer ~$400M in tax credits this year, growing to $1.6B-$1.8B by 2026

Adjusted Q3 EPS was 94 cents, beating estimates of 87 cents