NextEra Energy rises on Q1 profit beat

Utility firm NextEra Energy's NEE.N shares up 1.6% to $67.71 premarket

Company beats Q1 estimates, helped by rate hikes at its electric utility and increased power demand

NEE's unit Florida Power & Light reports a profit of $1.31 billion compared with $1.17 billion a year earlier

Company posts adjusted profit of 99 cents per share vs est 97 cents - LSEG

As of last close, shares down 7% YTD