Markets
DUK

Duke Energy (DUK) Meets Q4 Earnings, Misses Sales Estimates

A pen and a calculator.
Credit: Shutterstock photo

Charlotte, NC-based Duke Energy CorporationDUK is a diversified energy company with a wide portfolio of domestic and international, natural gas and electric and regulated and unregulated businesses which supplies, delivers and processes energy in North America and selected international markets. It is one of the leading electric utilities in the U.S.

Estimate Trend & Surprise History

Investors should note that Zacks Consensus Estimate for the fourth quarter earnings of 81 cents per share has decreased by 1 cent over the last 30 days.

Duke Energy has surpassed the Zacks Consensus Estimate in three out of last four quarters, resulting in a positive average surprise of 1.55%.

Zacks Rank: Currently, Duke Energy has a Zacks Rank #4 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings: Duke Energy reported fourth quarter 2016 earnings of 81 cents in line with the Zacks Consensus Estimate.

Revenues: Duke Energy missed on revenues. Our consensus called for revenues of $5,862 million, and the company reported revenues of $4,936 million.

Guidance: The company expects to report its 2017 adjusted EPS in the range of $4.50−$4.70.

Duke Energy Corporation Price and EPS Surprise

Duke Energy Corporation Price and EPS Surprise | Duke Energy Corporation Quote

Check back later for our full write up on this Duke Energy earnings report!

Just Released - Driverless Cars: Your Roadmap to Mega-Profits Today

In this latest Special Report, Zacks' Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making - autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Duke Energy Corporation (DUK): Free Stock Analysis Report

To read this article on Zacks.com click here.

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


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

In This Story

DUK

Other Topics

Earnings Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More