NextEra Energy, Inc. (NYSE:NEE) reported third-quarter 2024 adjusted earnings that exceeded expectations, but revenue fell short, and the company's guidance failed to meet investor hopes.

The clean energy leader posted adjusted earnings per share of $1.03, surpassing the Street consensus of $0.98. However, revenue came in at $7.57 billion, falling below the anticipated $8.08 billion.

While NextEra reaffirmed its full-year 2024 adjusted EPS guidance range of $3.23 to $3.43, the midpoint of that range sits below the Street consensus of $3.41. Looking ahead to 2025, the company forecast adjusted EPS between $3.45 and $3.70, again falling slightly short of the $3.68 consensus estimate at the midpoint.

Despite these mixed results and conservative guidance, NextEra emphasized its commitment to long-term growth, reaffirming plans to increase dividends by roughly 10% annually through at least 2026.