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Duke Energy Corp Q3 adjusted earnings Beat Estimates

(RTTNews) - Duke Energy Corp (DUK) announced earnings for its third quarter that increased from last year.

The company's earnings came in at $1.33 billion, or $1.82 per share. This compares with $1.08 billion, or $1.51 per share, in last year's third quarter.

Excluding items, Duke Energy Corp reported adjusted earnings of $1.31 billion or $1.79 per share for the period.

Analysts had expected the company to earn $1.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $6.94 billion from $6.63 billion last year.

Duke Energy Corp earnings at a glance:

-Earnings (Q3): $1.31 Bln. vs. $1.18 Bln. last year. -EPS (Q3): $1.79 vs. $1.65 last year. -Analysts Estimate: $1.67 -Revenue (Q3): $6.94 Bln vs. $6.63 Bln last year.

-Guidance: Full year EPS guidance: $4.95 to $5.15

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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