BUZZ-Preview: NextEra Energy is expected to report both revenue and earnings per share growth in its financial results to be released on Wednesday.

October 20 - ** In late trading on Tuesday, NextEra Energy (NEE.N) shares rose by 1.0%, as the market expects the company to report both increased revenue and earnings per share in the quarterly results released before the market opens on Wednesday.

** According to LSEG data, this electric utility and renewable energy company is expected to report third-quarter revenue of $8.63 billion, up from $7.97 billion in the same period last year; adjusted earnings per share of $1.18, up from $1.13 a year earlier.

** Based on LSEG data, the company has met or exceeded analyst expectations for the past eight earnings periods.

** In July, thanks to growing electricity demand from data centers driving its utility and renewable energy business, the company's second-quarter profit exceeded (link) Wall Street expectations.

** In September, NextEra announced (link) it had secured up to $1.9 billion in loans from the U.S. Department of Energy to support the reopening of its Duane Arnold Energy Center in Iowa, as the United States seeks to increase power generation capacity to meet rising demand.

** Of 22 analysts, 14 rate the stock as "buy" or "strong buy", 7 as "hold", and 1 as "sell".

** The stock is down 1.6% so far this year, underperforming the S&P 500 index’s nearly 13% increase .SPX

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