logo
Share SHARE
FONT-SIZE Plus   Neg

Duke Energy Q4 Profit Rises - Quick Facts

Duke Energy Corp. (DUK) reported fourth-quarter net income attributable to the company of $435 million, higher than $288 million in the previous year.

Meanwhile, earnings per share declined to $0.62 from $0.65 per share in 2011 on higher share count.

On an adjusted basis, earnings were $0.70 per share, while the company posted $0.71 per share last year.

On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.64 per share for the quarter. Analysts' estimates typically exclude special items.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Google is planning to significantly expand a carpool service on its navigational app Waze, according to a report in the Wall Street Journal. The move indicates the company is edging closer to a potential clash with ride-hailing service Uber Technologies Inc. Private equity firm Sycamore Partners has won the bankruptcy auction for the e-commerce business and intellectual property of U.S. women's apparel retailer The Limited with a bid of $26.8 million, Reuters reported, citing people familiar with the matter. A U.S. bankruptcy court judge must now approve the sale to Sycamore Partners. French telecommunications operator Orange SA reported Thursday higher net profit in its fiscal year 2016 mainly on income from discontinued operations. Operating income, meanwhile, declined, despite increased revenues. For fiscal 2017, the company projects higher adjusted EBITDA, a key earnings metric.
comments powered by Disqus
Follow RTT