Duke Energy: Fourth Quarter Earnings Overview
Duke Energy Reports Fourth-Quarter Financial Results
Duke Energy Corp., headquartered in Charlotte, North Carolina, announced a net income of $1.18 billion for the fourth quarter.
The company's earnings translated to $1.50 per share during this period.
These earnings fell slightly short of analyst predictions, as six experts polled by Zacks Investment Research had anticipated $1.51 per share.
However, Duke Energy's quarterly revenue reached $7.94 billion, surpassing the $7.64 billion forecasted by five Zacks analysts.
Looking ahead, the utility projects its annual earnings to be between $6.55 and $6.80 per share.
Financial data in this article was compiled using information from Zacks Investment Research and processed by Automated Insights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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