Recap: Duke Energy Q2 Earnings

Shares of Duke Energy DUK were unchanged in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 3.57% year over year to $1.08, which beat the estimate of $1.03.

Revenue of $5,421,000,000 declined by 7.70% year over year, which missed the estimate of $5,840,000,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $5.05 and $5.45.

Conference Call Details

Date: Aug 10, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/kdo55usp

Technicals

Company's 52-week high was at $103.79

Company's 52-week low was at $62.13

Price action over last quarter: Up 7.01%

Company Description

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity and gas to more than 7 million customers. Duke operates in three major segments: electric utilities and infrastructure; gas utilities and infrastructure; and commercial renewables.