07.05.2024 13:04:46 - dpa-AFX: Duke Energy Corp Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Duke Energy Corp (DUK) announced a profit for its
first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $1.10 billion, or $1.44 per share. This
compares with $765 million, or $1.01 per share, in last year's first quarter.

Excluding items, Duke Energy Corp reported adjusted earnings of $1.10 billion or
$1.44 per share for the period.

Analysts on average had expected the company to earn $1.38 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.4% to $7.67 billion from $7.28
billion last year.

Duke Energy Corp earnings at a glance (GAAP) :

-Earnings (Q1): $1.10 Bln. vs. $765 Mln. last year.
-EPS (Q1): $1.44 vs. $1.01 last year.
-Revenue (Q1): $7.67 Bln vs. $7.28 Bln last year.

-Guidance:
Full year EPS guidance: $5.85 to $6.10


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Duke Energy Corp A1J0EV NYSE 103,410 03.06.24 22:00:07 -0,160 -0,15% 102,960 103,720 103,090 103,570

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