Earnings release
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NEXTera® ENERGY NextEra Energy , Inc. Media Line : 561-694-4442 July 23 , 2021 FOR IMMEDIATE RELEASE NextEra Energy reports second - quarter 2021 financial results NextEra Energy delivers strong financial and operational results FPL's continued investments in the business advance its customer value proposition , with residential customer bills well below the national average and the addition of 373 megawatts of incremental solar online , surpassing 40 % completion of its " 30 - by - 30 " plan NextEra Energy Resources has excellent quarter of origination , adding approximately 1,840 megawatts of renewables and storage to its backlog JUNO BEACH , Fla . - NextEra Energy , Inc. ( NYSE : NEE ) today reported 2021 second - quarter net income attributable to NextEra Energy on a GAAP basis of $ 256 million , or $ 0.13 per share , compared to $ 1,275 million , or $ 0.65 per share , for the second quarter of 2020. On an adjusted basis , NextEra Energy's 2021 second - quarter earnings were $ 1,395 million , or $ 0.71 per share , compared to $ 1,286 million , or $ 0.65 per share , in the second quarter of 2020. All share - based data has been adjusted to reflect NextEra Energy's Oct. 26 , 2020 , four - for - one stock split . Adjusted earnings for these periods exclude the effects of non - qualifying hedges ; NextEra Energy Partners , LP net investment gains ; gain on disposal of a business ; differential membership interests related ; and change in unrealized gains and losses on equity securities held in NextEra Energy Resources ' nuclear decommissioning funds and other than temporary impairments ( OTTI ) . NextEra Energy's management uses adjusted earnings , which is a non - GAAP financial measure , internally for financial planning , analysis of performance , reporting of results to the board of directors and as an input in determining performance - based compensation under the company's employee incentive compensation plans . NextEra Energy also uses earnings expressed in this fashion when communicating its financial results and earnings outlook to analysts and investors . NextEra Energy's management believes that adjusted earnings provide a more meaningful representation of NextEra Energy's fundamental earnings power . A reconciliation of historical adjusted earnings to net income attributable to NextEra Energy , which is the most directly comparable GAAP measure , is included in the attachments to this news release . Effective Jan. 1 , 2021 , Gulf Power legally merged into Florida Power & Light Company . Gulf Power will continue as a separate reporting segment of Florida Power & Light and NextEra Energy through 2021 , serving its existing customers under separate retail rates . " FPL " refers to Florida Power & Light , excluding Gulf Power , unless otherwise noted or when using the term " combined . " " NextEra Energy delivered strong second - quarter results and remains well - positioned to meet our 2021 and longer - term growth expectations , " said Jim Robo , chairman and chief executive officer of NextEra Energy . " We grew adjusted earnings per share by more than 9 % year - over - year , reflecting continued 1