Duke Energy (NYSE:DUK) reported third quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.79 on revenue of $6.94B. Analysts polled by anticipated EPS of $1.68 on revenue of $7.14B. That compared to EPS of $1.65 on revenue of $6.63B in the same period a year earlier. The company had reported EPS of $1.12 on revenue of $5.87B in the previous quarter.
Duke Energy follows other major Utilities sector earnings this month
On October 22, NextEra Energy reported third quarter EPS of $2.39 on revenue of $5.57B, compared to forecasts of EPS of $2.29 on revenue of $5.16B.
Dominion Energy earnings beat analysts' expectations on November 1, with third quarter EPS of $1.18 on revenue of $4.27B. analysts expected EPS of $1.14 on revenue of $4.51B
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