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 ...

Duke Energy (DUK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this electric utility have returned +10.1%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Utility - Electric Power industry, which Duke Energy falls in, has gained 3.2%. The key question now is: What could be the stock's future direction?Although medi ...

If approved, home energy bills would decrease 13.8% Company continues to connect customers to financial assistance and offer cost-saving tools GREENVILLE, S.C., July 31, 2024 /PRNewswire/ -- Duke Energy Carolinas is seeking to reduce customer bills to account for the cost of fuel used to generate electricity for South Carolina homes and businesses. If approved by the Public Service Commission of South Carolina (PSCSC), today's average monthly residential bill would decrease by 13.8%. The total monthly imp ...

Company offers easy, low- to no-cost tips to lower energy use, increase savingsDuke Energy Florida lowered rates twice so far this yearST. PETERSBURG, Fla., July 24, 2024 /PRNewswire/ -- Duke Energy Florida is showing customers easy do-it-yourself 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.Custom ...

Duke Energy (DUK) closed at $107.12 in the latest trading session, marking a -0.39% move from the prior day. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.06%.The electric utility's stock has climbed by 5.94% in the past month, exceeding the Utilities sector's gain of 0.93% and the S&P 500's gain of 1.96%.The investment community will be paying close attention to the earnings performance of Duke Ene ...

Program to pair home solar installations with battery energy storage continues to help advance rooftop solar Company is looking at ways to enhance pilot to make it available to more customersCHARLOTTE, N.C., July 22, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has enrolled more than 1,300 customers in North Carolina in its new PowerPairSM pilot, a one-time incentive-based program designed to help make a home solar plus battery system more affordable for customers.Approved by the North Carolina Utilities Co ...

The most recent trading session ended with Duke Energy (DUK) standing at $107.52, reflecting a +0.93% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a loss of 1.39% for the day. At the same time, the Dow added 0.6%, and the tech-heavy Nasdaq lost 2.77%.The electric utility's shares have seen an increase of 6.5% over the last month, surpassing the Utilities sector's loss of 1.01% and the S&P 500's gain of 4.43%.Investors will be eagerly watching for the perfo ...

Company continues to expect customer bills to decrease in 2025 from 2024 ST. PETERSBURG, Fla., July 15, 2024 /PRNewswire/ -- Duke Energy Florida, consumer representatives and business groups reached a comprehensive agreement that increases reliability and advances the clean energy vision for the state, while focusing on ways to assist and pass on savings to customers. If approved by the Florida Public Service Commission (FPSC), the agreement will allow for an increase in base rates, among other provisions ...

Utility stocks have underperformed over the past few years. Investors shunned the sector due to worries about higher interest rates, which often magnify the impact on debt-laden utility firms. In addition, investors have placed less value on lower-risk dividend companies as the yields on risk-free government bonds increased.But now, the narrative is changing. The demand for electricity to power data centers for artificial intelligence will grow considerably. In addition, the electric vehicle revolution is a ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Duke Energy (DUK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Duke Energy currently has an ...