Earnings Alerts

Duke Energy (DUK) Earnings Surpass Estimates: 1Q Operating Revenue and Adjusted EPS Beat Expectations

  • Duke Energy‘s operating revenue for the first quarter exceeded estimates, coming in at $7.67 billion as opposed to the projected $7.33 billion.
  • The company’s Gas Utilities and Infrastructure adjusted income hit $284 million.
  • Adjusted earnings per share (EPS) surpassed estimates, reaching $1.44 instead of the anticipated $1.38.
  • The actual EPS also stood at $1.44.
  • Among the analysts covering Duke Energy, the company has received 10 buys and 10 holds, with no sells.

A look at Duke Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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 the Smartkarma Smart Scores have assessed Duke Energy‘s outlook across various key factors. With a strong Dividend score of 4 and solid Growth and Momentum scores of 4 each, Duke Energy is positioned well for long-term success. However, the company has room for improvement in terms of Value and Resilience, with scores of 3 and 2 respectively. Duke Energy‘s integrated network of energy assets in the Americas positions it as a significant player in the sector.

Duke Energy Corporation, a prominent energy company in the Americas, has received favorable scores in Dividend, Growth, and Momentum factors, indicating a positive long-term outlook. While the company scores lower in Value and Resilience, these areas present opportunities for enhancement in the future. Duke Energy‘s diversified portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America underscores its strategic market presence and potential for growth.


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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