Duke Energy (DUK) Beats on Q4 Earnings Estimate

DUK

Charlotte, NC-based Duke Energy Corporation (DUK - Free Report) 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 fourth quarter earnings of 91 cents per share remained same over the last seven days.

Duke Energy has surpassed the Zacks Consensus Estimate in one of the last four quarters, resulting in an average earnings miss of 0.24%.

Zacks Rank: Currently, Duke Energy has a Zacks Rank #4 (Sell). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings: Duke Energy reported fourth-quarter 2017 adjusted earnings of 94 cents per share, which surpassed the Zacks Consensus Estimate of 91 cents.

Guidance: The company has issued its earnings expectation for 2018. It expects to generate adjusted EPS in the range of $4.55-$4.85.

Check back later for our full write up on this Duke Energy earnings report!

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