Top Wall Street Forecasters Revamp Duke Energy Expectations Ahead Of Q3 Earnings

Group 1 - Duke Energy Corporation is set to release its third-quarter earnings results on November 7, with expected earnings of $1.75 per share, an increase from $1.62 per share in the same period last year [1] - The consensus estimate for Duke Energy's quarterly revenue is $8.55 billion, up from $8.15 billion a year earlier [1] - In the second quarter, Duke Energy reported adjusted earnings per share of 29 cents, surpassing the analyst consensus estimate of 26 cents [2] Group 2 - Wells Fargo initiated coverage on Duke Energy with an Equal-Weight rating and a price target of $126 [4] - Mizuho maintained an Outperform rating and raised the price target from $132 to $140 [4] - Morgan Stanley maintained an Equal-Weight rating and increased the price target from $127 to $136 [4] - Barclays maintained an Overweight rating and raised the price target from $131 to $135 [4] - BMO Capital maintained an Outperform rating and increased the price target from $132 to $135 [4]