Duke Energy misses Q4 profit estimates on higher interest costs, …

Feb 8, 2024 · Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to …

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Duke Energy Misses Q4 Profit Estimates On Higher Interest Costs, …

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Feb 8, 2024 · Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to …

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Duke Energy Misses Q4 Profit Estimates On Higher Interest Costs, …

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Feb 8, 2024 · (Reuters) - Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024 · The company narrowly missed fourth-quarter profit estimates on higher interest expenses and by 1.25 pm ET (1825 GMT) the shares had dipped by around 2.9%. ... Duke …

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Duke Energy (DUK) Q4 Earnings Miss Estimates, Revenues Fall

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Feb 8, 2024 · Duke Energy Corporation DUK reported fourth-quarter 2023 adjusted earnings of $1.51 per share, which missed the Zacks Consensus Estimate of $1.54 by 1.9%. However, the …

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Duke Energy Misses Q4 Profit Estimates On Higher Interest Costs, …

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Feb 8, 2024 · It reported an adjusted profit of $1.51 per share for the quarter ended Dec. 31, compared with analysts’ average estimate of $1.54 per share, according to LSEG data. …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024 · Duke Energy ups capex plan, raises customer growth forecasts. Open in App. Get 40% Off. Sign In; Free Sign Up ...

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Duke Energy (DUK) Q4 Earnings Top Estimates, Revenues Rise Y/Y

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Feb 9, 2023 · Duke Energy Corporation DUK reported fourth-quarter 2022 adjusted earnings of $1.11 per share, which surpassed the Zacks Consensus Estimate of $1.06 by 4.7%. The …

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Duke Energy Falls After Missing Q4 Profit Estimates

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Feb 8, 2024 · ** Shares of utility firm Duke Energy NYSE:DUK down ~2% at $93.59** Co misses fourth-quarter profit estimates on higher interest expenses ** Company posts Q4 adj EPS of …

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Duke Energy Misses Q4 Profit Estimates On Higher Interest Costs, …

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Feb 8, 2024 · (Reuters) – Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its …

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Duke Energy Q3 EPS Falls Short On Higher Costs And Storm

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Nov 7, 2024 · Duke Energy's Q3 EPS of $1.62 missed estimates, while revenue topped forecasts at $8.154B, driven by strong electric utilities results. Storm costs and rising O&M expenses …

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FAQs about Duke Energy misses Q4 profit estimates on higher interest costs, … Coupon?

Why did Duke Energy Miss fourth-quarter profit estimates?

Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy. The U.S. Federal Reserve's interest-rate hikes to tame inflation have made borrowing more expensive for businesses, impacting utility firms like Duke. ...

Why did Duke Energy raise its CAPEX?

(Reporting by Tanay Dhumal in Bengaluru; Editing by Pooja Desai) Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy. ...

How much will Duke Energy Invest in 2024?

NEW YORK, Feb 8 (Reuters) - Power and natural gas firm Duke Energy (DUK.N) on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase over its previous guidance, and projected a jump in demand growth in 2024. ...

How did Duke Energy (Duk) perform in Q4 2023?

Duke Energy Corporation DUK reported fourth-quarter 2023 adjusted earnings of $1.51 per share, which missed the Zacks Consensus Estimate of $1.54 by 1.9%. However, the bottom line increased 36% year over year. Including one-time adjustments, the company reported GAAP earnings of $1.27 per share against the year-ago quarter’s loss of 86 cents. ...

Why did Duke Energy raise its load growth projections in 2024?

Duke Energy also raised its 2024 load growth projections to about 2% from about 1% in 2023, as new power-intensive projects, population surges in its service areas and a rebounding industrial activity drive up electricity demand. ...

Did Duke Miss revenue estimates?

However, the Charlotte, North Carolina-based company missed revenue estimates, reporting $7.994 billion in the quarter versus expectations of $8.131 billion. Duke narrowed its adjusted 2023 earnings per share forecast to $5.55 to $5.65 and reaffirmed its long-term adjusted EPS growth rate of 5 to 7% through 2027. ...