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Duke Energy Corp Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Duke Energy Corp (DUK) announced earnings for its third quarter that Increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $1.407 billion, or $1.81 per share. This compares with $1.226 billion, or $1.60 per share, last year.

Excluding items, Duke Energy Corp reported adjusted earnings of $1.407 billion or $1.81 per share for the period.

Analysts on average had expected the company to earn $1.75 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.8% to $8.542 billion from $8.154 billion last year.

Duke Energy Corp earnings at a glance (GAAP) :

-Earnings: $1.407 Bln. vs. $1.226 Bln. last year.
-EPS: $1.81 vs. $1.60 last year.
-Revenue: $8.542 Bln vs. $8.154 Bln last year.

-Guidance:
Full year EPS guidance: $6.25 - $6.35

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