© Reuters. Duke Energy Earnings Miss, Revenue Beats In Q1
Investing.com – Duke Energy (NYSE:) reported on Monday first quarter that missed analysts’ forecasts and revenue that topped expectations.
Duke Energy announced earnings per share of $1.3 on revenue of $7.13B. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $5.69B.
Duke Energy shares are up 6% from the beginning of the year, still down 4.31% from its 52 week high of $116.33 set on April 21. They are outperforming the S&P 500 which is down 13.49% from the start of the year.
Duke Energy follows other major Utilities sector earnings this month
Duke Energy’s report follows an earnings beat by NextEra Energy on April 21, who reported EPS of $0.74 on revenue of $2.89B, compared to forecasts EPS of $0.7142 on revenue of $5.19B.
Southern had beat expectations on April 28 with first quarter EPS of $0.97 on revenue of $6.65B, compared to forecast for EPS of $0.9069 on revenue of $6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Be the first to comment