- Duke Energy‘s operating revenue for the second quarter reached $7.51 billion, surpassing the estimate of $7.24 billion.
- The Electric Utilities segment reported an adjusted income of $1.19 billion.
- The Gas Utilities & Infrastructure segment achieved an adjusted income of $6 million.
- Adjusted earnings per share (EPS) stood at $1.25, beating the estimated EPS of $1.17.
- Actual EPS also matched the adjusted EPS of $1.25.
- Analyst recommendations for Duke Energy show 9 buys, 11 holds, and no sells.
Duke Energy on Smartkarma
Analysts on Smartkarma, like Baptista Research, are closely monitoring Duke Energy, a key player in the energy sector. Baptista Research‘s recent report, titled “Duke Energy: Load Growth & Economic Development As A Critical Growth Lever!”, emphasizes Duke Energy‘s financial performance, with an adjusted EPS of $5.90 for the year 2024 aligning well with company guidance. The outgoing CEO, Lynn Good, commended the company’s resilience in the face of challenges like Hurricanes Helene and Milton. Looking ahead, Duke Energy‘s projected EPS for 2025 falls between $6.17 and $6.42, with a midpoint of $6.30, reflecting an expected earnings growth of 7.7%.
A look at Duke Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have painted a positive long-term outlook for Duke Energy, a prominent energy company in the Americas. With solid scores in Dividend, Growth, and Momentum, Duke Energy is positioned to deliver consistent returns to its investors. The company’s strong dividend payout and growth prospects indicate a stable financial performance over the long term, while its momentum suggests favorable market sentiment surrounding its stock.
Duke Energy‘s strategic resilience and value proposition further bolster its overall outlook. As a company with an integrated network of energy assets focusing on natural gas and electric supply, delivery, and trading businesses, Duke Energy‘s diversified operations in the United States and Latin America provide a robust foundation for sustained growth and profitability in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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