Duke Energy (DUK) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.83%. A quarter ago, it was expected that this electric utility would post earnings of $1.39 per share when it actually produced earnings of $1.44, delivering a surprise of 3.60%. Over the last four quarters, the com ...

News Release Media Contact: Gillian Moore 24-Hour: 800.559.3853 Analyst Contact: Abby Motsinger Office: 704.382.7624 August 6, 2024 Duke Energy reports second-quarter 2024 financial results ▪ Second-quarter 2024 reported EPS of $1.13 and adjusted EPS of $1.18 ▪ Strong performance in the first half of the year sets the stage for full year results within guidance range ▪ Constructive outcomes build momentum and provide foundation for continued growth CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced s ...

Follow warnings and instructions of emergency management officials Widespread damage from high winds and heavy rainfall may cause power outages Crews will begin power restoration as soon as conditions are safe to do so ST. PETERSBURG, Fla., Aug. 4, 2024 /PRNewswire/ -- Duke Energy Florida is urging customers to follow the warnings and instructions of emergency management officials and take necessary precautions as Tropical Storm Debby approaches Florida, bringing high winds and heavy rainfall that may cause ...

Prepare now for possible power outages as impacts may be felt broadly across Duke Energy Florida's service territory ST. PETERSBURG, Fla., Aug. 3, 2024 /PRNewswire/ -- Duke Energy is mobilizing more than 3,000 power line technicians, vegetation workers, damage assessors and support personnel to respond to possible power outages as heavy rainfall, strong winds and localized flooding are likely with the approaching storm in Florida. Crews from Duke Energy's Midwest operations in Kentucky and Ohio will help be ...

ST. PETERSBURG, Fla., Aug. 2, 2024 /PRNewswire/ -- Duke Energy Florida is monitoring and preparing for the approaching tropical storm-like weather expected this weekend and early next week. While the storm's projected path and intensity have been difficult to predict, conditions are favorable for heavy rain, strong winds and flooding, which could lead to widespread outages. "Our staff of meteorologists are closely monitoring weather conditions and we are making preparations with crews and equipment to respo ...

Over $500 million in grants to 20,000+ charitable organizations since 1984 Video on the Duke Energy Foundation's 40th anniversary available here $240,000 in surprise grants awarded to long-standing nonprofit partners (photos available) CHARLOTTE, N.C., Aug. 1, 2024 /PRNewswire/ -- This year marks a significant milestone for the Duke Energy Foundation as it celebrates its 40th anniversary. Born out of the company's historical commitment to citizenship and service, the Foundation has evolved over four decades ...

Duke Energy Corporation (DUK) is scheduled to release its second-quarter 2024 results on Aug 6 before market open. The company delivered an earnings surprise of 3.60% in the last reported quarter. However, Duke Energy holds a negative four-quarter average earnings surprise of 1.11%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors at Play In the second quarter, the majority of DUK's service territories experienced warmer-than-normal temperature patterns. S ...

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as w ...

The total monthly impact of these rate changes for a residential customer using 1,000 kilowatt-hours (kWh) per month would be a decrease of $19.60, from $142.23 to $122.63. Duke Energy Carolinas serves about 660,000 households and businesses primarily in the Upstate of South Carolina, including Greenville, Spartanburg and Anderson counties. The company's other South Carolina utility – Duke Energy Progress – made its annual fuel filing in April. Duke Energy Carolinas makes no profit from the fuel component o ...

Company offers easy, low- to no-cost tips to lower energy use, increase savings Duke Energy Florida lowered rates twice so far this year ST. PETERSBURG, Fla., July 24, 2024 /PRNewswire/ -- Duke Energy Florida is showing customers easy do-ityourself projects to help maximize energy efficiency through the peak of the sizzling summer heat. The company has also decreased rates in January and again in June. Residential customers are paying approximately $17 per 1,000 kWh less today, compared to one year ago. Cus ...