Earnings release
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NEXTera® ENERGY NextEra Energy , Inc. Media Line : 561-694-4442 Oct. 20 , 2021 FOR IMMEDIATE RELEASE NextEra Energy reports third - quarter 2021 financial results NextEra Energy delivers strong financial and operational results FPL continues to focus on delivering an outstanding value proposition of low bills , high reliability , outstanding customer service and clean energy solutions for its customers ; reaches a fair and constructive long - term settlement agreement with a number of intervenors in its rate case NextEra Energy Resources has a record quarter of origination , adding approximately 2,160 megawatts to backlog JUNO BEACH , Fla . - NextEra Energy , Inc. ( NYSE : NEE ) today reported 2021 third - quarter net income attributable to NextEra Energy on a GAAP basis of $ 447 million , or $ 0.23 per share , compared to $ 1,229 million , or $ 0.62 per share , for the third quarter of 2020. On an adjusted basis , NextEra Energy's 2021 third - quarter earnings were $ 1,483 million , or $ 0.75 per share , compared to $ 1,311 million , or $ 0.67 per share , in the third 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 ; 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 reportable 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 third - 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 approximately 12 % year - over - year , reflecting continued strong 1