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Duke Energy Earnings, Revenue Beat in Q2

Stock Markets Aug 04, 2022 07:03AM ET

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Duke Energy Earnings, Revenue Beat in Q2

Investing.com - Duke Energy (NYSE:DUK) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Duke Energy announced earnings per share of $1.14 on revenue of $6.69B. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $5.9B.

Duke Energy shares are up 5% from the beginning of the year, still down 4.74% from its 52 week high of $116.33 set on April 21. They are outperforming the S&P 500 which is down 12.82% from the start of the year.

Duke Energy follows other major Utilities sector earnings this month

Duke Energy's report follows an earnings beat by NextEra Energy on July 22, who reported EPS of $0.81 on revenue of $5.18B, compared to forecasts EPS of $0.7598 on revenue of $5.35B.

Southern had beat expectations on July 28 with second quarter EPS of $1.07 on revenue of $7.21B, compared to forecast for EPS of $0.8406 on revenue of $5.44B.

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

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