Core Insights - Analysts project Duke Energy (DUK) will report quarterly earnings of $1.19 per share, reflecting a 0.9% year-over-year increase, with revenues expected to reach $7.34 billion, a 2.3% increase from the same quarter last year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate for the quarter has been revised upward by 1.8%, indicating a collective reassessment by covering analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Estimates - Analysts estimate 'Operating Revenues- Regulated natural gas' at $685.12 million, showing a significant year-over-year change of +97.4% [5] - 'Operating Revenues- Regulated electric' is projected to be $6.86 billion, indicating a +1.7% change year over year [5] - 'Operating Revenues- Nonregulated electric and other' is expected to reach $80.56 million, reflecting a +2% change from the previous year [6] - 'Operating Revenues- Electric Utilities and Infrastructure' is estimated at $7.04 billion, with a +3.3% change from the prior year [6] - 'Operating Revenues- Gas Utilities and Infrastructure' is projected to be $407.76 million, indicating a +7% change from the prior year [7] Stock Performance - Over the past month, Duke Energy shares have returned +2.9%, slightly outperforming the Zacks S&P 500 composite's +2.7% change [7] - Duke Energy holds a Zacks Rank 4 (Sell), suggesting it may underperform the overall market in the upcoming period [7]
Unveiling Duke Energy (DUK) Q2 Outlook: Wall Street Estimates for Key Metrics