Summary
NextEra Energy, Inc. (NEE) filed an 8-K on January 2, 2026, confirming that its previously stated adjusted earnings per share (EPS) expectations through 2032, long-term growth targets through 2035, and dividend per share growth expectations for 2026-2028 remain unchanged. This provides continued clarity and reaffirmation for investors regarding the company's financial outlook and commitment to shareholder returns. The company reiterated its 2025 and 2026 adjusted EPS guidance and expects a compound annual growth rate of at least 8% through 2032 and 2035, based on its 2025 adjusted EPS range. Dividend growth is projected at approximately 10% annually through 2026 (from a 2024 base) and approximately 6% annually for 2027 and 2028 (from a 2026 base). While these targets are positive, investors should note that adjusted EPS is a non-GAAP measure and NEE does not provide reconciliations due to inherent forecasting difficulties of certain items.
Key Highlights
- 1NextEra Energy (NEE) reaffirms its adjusted EPS expectations through 2032 and long-term growth targets through 2035.
- 2The company maintains its adjusted EPS guidance for 2025 ($3.62-$3.70) and 2026 ($3.92-$4.02).
- 3NEE expects a compound annual growth rate in adjusted EPS of at least 8% annually through 2032, based on the 2025 range.
- 4Dividend per share growth is projected at approximately 10% annually through 2026 (off a 2024 base).
- 5For 2027 and 2028, dividend per share growth is expected to be approximately 6% annually (off a 2026 base).
- 6Management uses adjusted earnings internally and for communicating financial results and outlook to investors.
- 7The filing includes standard cautionary statements and risk factors that could materially affect future results.