Duke Energy Earnings Miss, Revenue Beats In Q3 By Investing.com


© Reuters. Duke Energy Earnings Miss, Revenue Beats In Q3

Investing.com – Duke Energy (NYSE:) reported on Friday third quarter that missed analysts’ forecasts and revenue that topped expectations.

Duke Energy announced earnings per share of $1.78 on revenue of $7.97B. Analysts polled by Investing.com anticipated EPS of $1.88 on revenue of $7.36B.

Duke Energy shares are down 11% from the beginning of the year, still down 19.87% from its 52 week high of $116.33 set on April 21.

Duke Energy follows other major Utilities sector earnings this month

Duke Energy’s report follows an earnings beat by NextEra Energy on October 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.

Southern had beat expectations on October 27 with third quarter EPS of $1.35 on revenue of $8.38B, compared to forecast for EPS of $1.3 on revenue of $6.84B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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