Analysts Estimate Duke Energy (DUK) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Duke Energy despite higher revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Duke Energy is expected to report quarterly earnings of $1.73 per share, reflecting a year-over-year decrease of 10.8$8 billion, indicating no growth compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.3% higher in the last 30 days, suggesting a reassessment by analysts [4]. - The Most Accurate Estimate for Duke Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.55%, indicating a bearish outlook [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with positive readings being more predictive [7][8]. - Duke Energy's combination of a negative Earnings ESP and a Zacks Rank of 2 complicates predictions of an earnings beat [10]. Historical Performance - In the last reported quarter, Duke Energy exceeded earnings expectations by 16.83%, having beaten consensus EPS estimates three times over the last four quarters [11][12]. Industry Comparison - Avista, another player in the electric utility sector, is expected to report earnings of $0.14 per share, down 26.3$394.1 million, up 3.8% [16]. - Avista's consensus EPS estimate has been revised 12.6% lower, but a higher Most Accurate Estimate results in an Earnings ESP of 33.33%, indicating a likely earnings beat [17].