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Duke Energy: Q2 Earnings Snapshot
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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Tuesday reported second-quarter profit of $1.09 billion.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.38. Earnings, adjusted for non-recurring costs, were $1.43 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.

The electric utility posted revenue of $7.59 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $7.71 billion.

Duke Energy expects full-year earnings in the range of $6.55 to $6.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DUK at https://www.zacks.com/ap/DUK

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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