Duke Energy (DUK) Q2 Earnings Top Estimates, Revenues Rise Y/Y
Duke Energy(DUK) ZACKS·2024-08-06 22:45
Duke Energy Corporation's (DUK) second-quarter 2024 adjusted earnings of $1.18 per share beat the Zacks Consensus Estimate of $1.01 by 16.8%. The bottom line also improved 29.7% from 91 cents reported in the year-ago quarter. The year-over-year improvement in adjusted earnings was driven by growth from rate increases and riders, higher sales volumes and improved weather. The company generated GAAP earnings of $1.13 per share against a GAAP loss of 32 cents incurred in the second quarter of 2023. Total Reven ...