Duke Energy (DUK) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.60%. A quarter ago, it was expected that this electric utility would post earnings of $1.54 per share when it actually produced earnings of $1.51, delivering a surprise of -1.95%.Over the last four quarters, the compa ...

News Release Media Contact: Gillian Moore 24-Hour: 800.559.3853 Analyst Contact: Abby Motsinger Office: 704.382.7624 May 7, 2024 Duke Energy reports first-quarter 2024 financial results CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced first-quarter 2024 reported EPS, prepared in accordance with Generally Accepted Accounting Principles (GAAP), and adjusted EPS of $1.44. This is compared to reported EPS of $1.01 and adjusted EPS of $1.20 for the first quarter of 2023. Adjusted EPS excludes the impact ...

Duke Energy Corporation (DUK) is scheduled to release its first-quarter 2024 results on May 7 before market open. The company delivered a negative earnings surprise of 1.95% in the last reported quarter.Moreover, Duke Energy holds a negative four-quarter average earnings surprise of 3.76%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayThe majority of DUK’s service territories witnessed mixed weather patterns during the January-March 2024 quarter. ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Duke Energy (DUK) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the ...

Duke Energy (DUK) closed the most recent trading day at $98.73, moving +1.04% from the previous trading session. This change outpaced the S&P 500's 0.32% gain on the day. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.35%.Prior to today's trading, shares of the electric utility had gained 1.03% over the past month. This has outpaced the Utilities sector's loss of 4.88% and the S&P 500's loss of 2% in that time.Market participants will be closely following the financ ...

Midwest Lineman's Rodeo tests job skills critical to power delivery and restoration International rodeo competition featuring the world's top lineworkers to be held Oct. 19 in Bonner Springs, Kan. PLAINFIELD, Ind., April 29, 2024 /PRNewswire/ -- At a competition powered by skill and packed with competitors, 15 Duke Energy lineworkers secured spots over the weekend to compete among the most elite lineworkers in the world this fall at the International Lineman's Rodeo. Duke Energy's Midwest Lineman's Rodeo ...

In practically any market environment, utility stocks make sense. As I’ve said countless times before, bad things happen when people flip the switch and light fails to emerge. Further, short of food and water, nothing could be more critical than essential services.However, when the economy – while booming in one respect from the blistering job numbers – is facing challenges such as inflation and high interest rates, people tend to monitor their spending. However, they can’t cut the essentials. Therefore, co ...

Key PointsThe Utilities Select Sector SPDR Fund has recently shown notable strength, outperforming the overall market and certain key sectors.The recent outperformance comes amidst heightened tension in the Middle East, uncertainty surrounding interest rates, and a rise in oil prices.Despite a recent downturn in the overall market, XLU has maintained an upward trajectory, gaining nearly 4%, showcasing its impressive relative strength compared to the market.5 stocks we like better than Duke EnergyOne standou ...

Carbon emissions from electric generation are down 48% from 2005 levels Since 2022, helped customers access nearly $377 million in financial support CHARLOTTE, N.C., April 24, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today released its 2023 Impact Report, its 18th annual accounting of its progress toward its sustainable business goals. This year's report includes highlights from its 2050 clean energy transition strategy, which strives to deliver industry-leading reliability, competitive rates for cust ...

Improving the environmental health and resiliency of North Carolina communities is part of advancing the company's clean energy transition CHARLOTTE, N.C., April 22, 2024 /PRNewswire/ -- This Earth Day, the Duke Energy Foundation awarded $500,000 in grants to local nonprofits in North Carolina focused on environmental justice and climate resiliency. "North Carolina is at the forefront of the energy transition, with local communities experiencing unprecedented growth and opportunity," said Kendal Bowman, D ...