Company Overview - Duke Energy (DUK) is expected to report a year-over-year increase in earnings, with a projected EPS of $1.59, reflecting a +10.4% change, and revenues anticipated to reach $8 billion, up 4.3% from the previous year [3][12]. Earnings Expectations - The consensus EPS estimate has been revised 0.8% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Earnings ESP for Duke Energy stands at -1.10%, suggesting a potential difficulty in beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Duke Energy exceeded the expected EPS of $1.61 by delivering $1.66, resulting in a surprise of +3.11% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Context - In the Zacks Utility - Electric Power industry, IdaCorp (IDA) is also expected to report earnings of $1.03 per share, indicating a year-over-year change of +8.4%, with revenues projected at $458.34 million, up 2.1% [17]. - IdaCorp's consensus EPS estimate has been revised 2.2% higher recently, but it has a negative Earnings ESP of -0.32%, making it challenging to predict an earnings beat [18].

Core Points - Duke Energy lineworkers excelled at the Carolinas Lineman's Rodeo, with 30 participants earning top awards and qualifying for the International Lineman's Rodeo [1][3] - The competition emphasizes essential skills such as equipment repair, pole climbing, and rescue operations, while fostering safety and teamwork among participants [2][7] - The event highlights the commitment of Duke Energy's line teams, especially following the challenges posed by Hurricane Helene [4][12] Company Overview - Duke Energy is a major energy holding company serving 8.6 million customers across several states, with a total energy capacity of 55,100 megawatts [14] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy sources, including natural gas, nuclear, renewables, and energy storage [15] - Duke Energy collaborates with local community colleges to recruit and train entry-level lineworkers, addressing the growing demand for skilled labor in the energy sector [12][13] Event Details - The Carolinas Lineman's Rodeo serves as a qualifying event for the International Lineman's Rodeo, where top winners will compete on a global stage [3][9] - The 2025 event involved significant community support, with numerous volunteers and participants contributing to its success [10] - The rodeo not only showcases technical skills but also promotes camaraderie and teamwork among lineworkers [2][10]

Innovative partnership provides clear path for Duke Energy to procure up to 11 American-produced GE Vernova natural gas turbines Partnership ensures Duke Energy will meet its customers' growing and evolving energy needs driven by economic development and AI growth CHARLOTTE, N.C. and CAMBRIDGE, Mass., April 24, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) and GE Vernova (NYSE: GEV) announce a significant partnership for natural gas turbines and other associated equipment to meet the growing needs of advan ...

Company Performance - Duke Energy (DUK) closed at $122.53, marking a +1.96% move from the prior day, but underperformed compared to the S&P 500's gain of 2.51% [1] - Over the last month, Duke Energy's shares increased by 1.71%, outperforming the Utilities sector's loss of 0.57% and the S&P 500's loss of 8.86% [1] Upcoming Financial Results - Duke Energy is set to announce its earnings on May 6, 2025, with projected earnings of $1.62 per share, representing a year-over-year growth of 12.5% [2] - The consensus estimate forecasts revenue of $8 billion, indicating a 4.26% growth compared to the same quarter of the previous year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $6.32 per share and revenue of $31.72 billion, reflecting changes of +7.12% and +4.48% respectively from the prior year [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Duke Energy are crucial as they reflect near-term business trends and analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Duke Energy at 4 (Sell) [6] Valuation Metrics - Duke Energy has a Forward P/E ratio of 19, indicating a premium compared to its industry's Forward P/E of 17.98 [6] - The company has a PEG ratio of 3, while the average PEG ratio for Utility - Electric Power stocks is 2.68 [7] Industry Ranking - The Utility - Electric Power industry holds a Zacks Industry Rank of 37, placing it within the top 15% of over 250 industries, suggesting strong performance potential [8]

CHARLOTTE, N.C., April 17, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) will hold its annual shareholders meeting online on Thursday, May 1, at 1 p.m. ET. Duke Energy President and CEO Harry Sideris will provide an overview of the company's 2024 performance and energy modernization progress to meet growing demand and continue delivering value for stakeholders.   Shareholders will be able to participate in the meeting, vote on company and shareholder proposals, and submit questions. Questions will be answere ...

Lineworkers are helping build a smarter, stronger grid Duke Energy lineworkers restored more than 3.1 million customer outages after Hurricane Helene CHARLOTTE, N.C., April 15, 2025 /PRNewswire/ -- On April 18, Duke Energy celebrates National Lineworker Appreciation Day – a day to recognize the service, commitment and sacrifices of lineworkers, team members who are critical to ensuring customers have access to safe and reliable electricity.   Why it matters: Lineworkers provide an invaluable service to co ...

CINCINNATI, April 11, 2025 /PRNewswire/ -- Duke Energy Foundation is donating $17,500 to two local chapters of the American Red Cross providing support for those impacted by the recent severe storms and flooding across Greater Cincinnati."Our region continues to be impacted by the storms and flooding we've seen over the last week," said Rhonda Whitaker Hurtt, vice president of community relations for Duke Energy Ohio/Kentucky. "The American Red Cross plays a key role in helping our friends and neighbors rec ...

Funding will support home rebuilding, debris removal, mental health services and other community needs Grants of $25,000 each awarded to 20 high-impact local nonprofits focused on long-term recovery CHARLOTTE, N.C., April 10, 2025 /PRNewswire/ -- As part of its commitment to supporting a full recovery in western North Carolina following Hurricane Helene, Duke Energy Foundation today announced $500,000 in new funding to 20 local nonprofits. The organizations receiving funding are meeting expansive communit ...

In an era of economic uncertainty and market volatility, the quest for reliable income has become increasingly important for investors. While growth stocks may capture headlines, dividend-paying companies form the backbone of many successful retirement portfolios. The appeal is straightforward: regular cash payments that arrive regardless of market conditions, providing a dependable income stream when it's needed most. High-yield dividend stocks are particularly attractive in the current environment. With i ...

License extension supports growing energy demand, helps keep customer costs as low as possible CHARLOTTE, N.C., April 8, 2025 /PRNewswire/ -- Duke Energy announced today its submission of a subsequent license renewal application to the U.S. Nuclear Regulatory Commission (NRC) for Robinson Nuclear Plant, located near Hartsville, S.C. The application requests extending the plant's operations for an additional 20 years. Through the years, Robinson has earned industry recognition for its commitment to innovatio ...