| Duke Energy (DUK) Misses on Q3 Earnings and Revenues | |
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Charlotte, NC-based Duke Energy Corporation DUK 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 third quarter for earnings of $1.52 per share has decreased by 1 cent over the last 90 days.
The company's track record for earnings surprises has not been encouraging. Duke Energy has surpassed the Zacks Consensus Estimate in only one out of last four quarters, resulting in a negative average surprise of 1.58%.
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 missed the third quarter 2015 earnings. Our consensus called for EPS of $1.52, and the company reported EPS of $1.47.
Revenue: Duke Energy also missed on the revenue estimates. The company posted revenues of $6,483 million, compared to our third-quarter consensus estimate of $6,595 million.
Key Stats: Duke Energy’s total retail sales from regulated utilities for the quarter increased 2.8% to 58,565 gigawatt hours.
The company lowered the higher end of its earlier EPS guided range to $4.55−$4.65 from $4.55−$4.75.
Check back later for our full write up on this Duke Energy earnings report!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DUKE ENERGY CP (DUK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Duke Energy
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CODE : DUK |
ISIN : US26441C2044 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Duke Energy is a and oil producing company based in United states of america. Duke Energy is listed in United States of America. Its market capitalisation is US$ 68.8 billions as of today (€ 64.6 billions). Its stock quote reached its lowest recent point on May 02, 2003 at US$ 10.00, and its highest recent level on February 17, 2023 at US$ 99.99. Duke Energy has 700 299 523 shares outstanding. |