earnings
confidence high
sentiment positive
materiality 0.75
Duke Energy Q1 adjusted EPS $1.44, up from $1.20 YoY; reaffirms FY guidance
Duke Energy CORP
2024-Q1 EPS reported
$1.44
revenue$7,532,000,000
- Adjusted EPS $1.44 vs $1.20 prior year; GAAP EPS $1.44 vs $1.01.
- Electric Utilities and Infrastructure segment income $1,021M, up from $791M YoY.
- Gas Utilities and Infrastructure segment income flat at $284M.
- FY2024 adjusted EPS guidance reaffirmed at $5.85-$6.10; long-term growth 5-7%.
- Higher results driven by improved weather, rate case impacts, and volume growth; offset by higher interest expense.