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Duke Energy Corp Q3 adjusted earnings Beat Estimates

Duke Energy Corp (DUK) revealed earnings for third quarter that fell from the same period last year.

The company's profit came in at $1.27 billion, or $1.74 per share. This compares with $1.33 billion, or $1.82 per share, in last year's third quarter.

Excluding items, Duke Energy Corp reported adjusted earnings of $1.36 billion or $1.87 per share for the period.

Analysts had expected the company to earn $1.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.2% to $6.72 billion from $6.94 billion last year.

Duke Energy Corp earnings at a glance:

-Earnings (Q3): $1.36 Bln. vs. $2.99 Bln. last year.
-EPS (Q3): $1.87 vs. $1.79 last year.
-Analysts Estimate: $1.79
-Revenue (Q3): $6.72 Bln vs. $6.94 Bln last year.

Full year EPS guidance: $5.05 to $5.20

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