Duke Energy Q1 Earnings & Revenues Beat Estimates

Charlotte, NC-based Duke Energy Corporation (DUK - Free Report) is a diversified energy company with a wide portfolio of domestic and international, natural gas and electric and regulated and unregulated businesses which supplies, delivers and processes energy in North America and selected international markets. It is one of the leading electric utilities in the U.S.

Estimate Trend & Surprise History

Investors should note that Zacks Consensus Estimate for the first quarter earnings of $1.15 per share remained same over the last seven days.

Duke Energy has surpassed the Zacks Consensus Estimate in two of the last four quarters, resulting in an average earnings beat of 0.59%.

Zacks Rank: Currently, Duke Energy has a Zacks Rank #3 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. 

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings: Duke Energy reported first-quarter 2018 adjusted earnings of $1.28 per share, which surpassed the Zacks Consensus Estimate of $1.15.

Revenues: The company’s reported revenues of $6,135 million also surpassed the Zacks Consensus Estimate of $5,738 million.

Duke Energy Corporation Price and EPS Surprise

Duke Energy Corporation Price and EPS Surprise | Duke Energy Corporation Quote

Guidance: The company continues to expect its 2018 adjusted EPS in the range of $4.55-$4.85.

Disclaimer: Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web ...

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