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Duke Energy (DUK) Q4 Earnings Miss Estimates, Revenues Fall
Zacks Investment Research· 2024-02-08 18:11
Duke Energy Corporation (DUK) reported fourth-quarter 2023 adjusted earnings of $1.51 per share, which missed the Zacks Consensus Estimate of $1.54 by 1.9%. However, the bottom line increased 36% year over year.Including one-time adjustments, the company reported GAAP earnings of $1.27 per share against the year-ago quarter’s loss of 86 cents.For 2023, the company reported adjusted earnings of $5.56 per share, which missed the Zacks Consensus Estimate of $5.59 by 0.5%. However, the bottom line increased 5.5 ...
Duke Energy(DUK) - 2023 Q4 - Earnings Call Presentation
2024-02-08 17:37
Top-performer across multiple O&M cost efficiency measures(1) Nuclear production expense / Nuclear Generation MWh // 50 FOURTH QUARTER 2023 EARNINGS REVIEW AND BUSINESS UPDATE // 50 Upcoming events Investor relations contact information CHRIS JACOBI, DIRECTOR INVESTOR RELATIONS Megan.Hammel@duke-energy.com (980) 373-1735 FOURTH QUARTER 2023 EARNINGS REVIEW AND BUSINESS UPDATE // 54 Duke Energy Corporation Non-GAAP Reconciliations Fourth Quarter Earnings Review & Business Update February 8, 2024 Special item ...
Duke Energy shares ways to save energy and money as winter temperatures in Florida continue to fluctuate
Prnewswire· 2024-02-07 17:44
Financial assistance and energy-saving tools and tips are available to help customers ST. PETERSBURG, Fla., Feb. 7, 2024 /PRNewswire/ -- As winter temperatures continue to fluctuate in Florida, Duke Energy is reminding customers of resources, tips and tools to help them manage energy usage and reduce their utility bills. For December and January, Duke Energy meteorologists reported peak highs in the upper 70s to mid-80s, with peak lows in the 30s and mid-40s. And while these temperature swings are typical ...
Duke Energy named as one of America's Most JUST Companies, putting customers and employees at the heart of its clean energy transition
Prnewswire· 2024-02-06 18:30
CHARLOTTE, N.C., Feb. 6, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been named one of America's Most JUST Companies for the second consecutive year, ranking 57th overall, up from 79th in 2023. The JUST 100 recognizes U.S. corporations who outperform on issues that matter most in defining just business behavior today. "Our long-term success is deeply intertwined with the health and well-being of the communities we serve, and it's an honor to be recognized by JUST Capital as a JUST 100 company," said Ka ...
Duke Energy (DUK) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-02-01 16:06
Duke Energy (DUK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers are better than ...
Duke Energy provides resource plan update to South Carolina regulators that reflects state's booming population, economy
Prnewswire· 2024-01-31 20:11
Palmetto State's population grew faster than anywhere in the nation in 2023 Company continues to pursue 'all of the above' generation strategy, which provides diverse energy sources to meet state's growing electricity demand GREENVILLE, S.C., Jan. 31, 2024 /PRNewswire/ -- From population growth to the expansion of manufacturing and other major economic development wins, South Carolina is booming. According to the Census Bureau, the Palmetto State had the fastest growing population in the nation in 2023, l ...
Duke Energy Florida to file for new base rates, expects lower overall customer bills in 2025
Prnewswire· 2024-01-31 15:17
Filing to include smart investments in innovative technologies to increase efficiency, reduce outages, while generating customer savings Building 14 new solar sites, adding 1,050 megawatts of clean energy Expiring fuel and storm recovery costs lower overall customer bills in 2025  ST. PETERSBURG, Fla., Jan. 31, 2024 /PRNewswire/ -- Today, Duke Energy Florida notified the Florida Public Service Commission (FPSC) of its intent to file a rate case in April that proposes investments to increase generation uni ...
Duke Energy (DUK) Offers EV Charger Rental in North Carolina
Zacks Investment Research· 2024-01-31 12:46
Duke Energy Corp. (DUK) recently launched a cost-effective electric vehicle (EV) charger rental program in North Carolina. This should fetch DUK more shares of the booming EV market.  Residential and business customers will be able to lease an EV charger from the company, which will cover hardware, warranty and maintenance.Details of the ProgramThe latest launch comes as part of Duke Energy’s Charger Solution program, which got its approval from the North Carolina Utilities Commission last August. It will e ...
Duke Energy launches EV charger rental program in North Carolina
Prnewswire· 2024-01-29 19:20
Charger Solution program helps customers avoid upfront EV charger costs while paying a low monthly fee The utility's comprehensive North Carolina electric vehicle customer programs help streamline EV transition  CHARLOTTE, N.C., Jan. 29, 2024 /PRNewswire/ -- As the pace of electric vehicle (EV) adoption accelerates nationwide, Duke Energy has launched an EV charger rental program in North Carolina that enables residential and business customers to lease an EV charger from the company at a low monthly cos ...
This Supercharged Growth Stock Runs Circles Around its Rivals
The Motley Fool· 2024-01-29 11:10
NextEra Energy (NEE 0.86%) is an outlier. While it operates in the sleepy utility sector, it's anything but lethargic. It has delivered peer-leading earnings growth over the last decade, beating the industry average by a wide margin. Even though NextEra is already one of the largest utilities in the country, it expects to continue growing at an above-average pace. That makes it a great option for those seeking outsized returns from this sleepy sector.Not your average utility stockNextEra Energy's CEO, John ...