We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Duke Energy (DUK) Tops Q3 Earnings, Misses Sales Estimates
Read MoreHide Full Article
Charlotte, NC-based Duke Energy Corporation (DUK - Free Report) 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 third quarter earnings of $1.56 per share has increased by 5 cents over the last 30 days.
The company's track record for earnings surprises has not been particularly encouraging. Duke Energy has missed the Zacks Consensus Estimate in two out of last four quarters, resulting in a negative average surprise of 1.20%.
Zacks Rank: Currently, Duke Energy has a Zacks Rank #3 (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 third quarter 2016 earnings of $1.68, comfortably beating the Zacks Consensus Estimate of $1.56.
Revenues: Duke Energy missed on revenues. Our consensus called for revenues of $6.68 billion, and the company reported revenues of $6.43 billion.
Guidance: The company expects to report its 2016 adjusted EPS towards the high end of its prior EPS guidance range of $4.50−$4.70.
Check back later for our full write up on this Duke Energy earnings report!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Duke Energy (DUK) Tops Q3 Earnings, Misses Sales Estimates
Charlotte, NC-based Duke Energy Corporation (DUK - Free Report) 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 third quarter earnings of $1.56 per share has increased by 5 cents over the last 30 days.
The company's track record for earnings surprises has not been particularly encouraging. Duke Energy has missed the Zacks Consensus Estimate in two out of last four quarters, resulting in a negative average surprise of 1.20%.
Zacks Rank: Currently, Duke Energy has a Zacks Rank #3 (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 third quarter 2016 earnings of $1.68, comfortably beating the Zacks Consensus Estimate of $1.56.
Revenues: Duke Energy missed on revenues. Our consensus called for revenues of $6.68 billion, and the company reported revenues of $6.43 billion.
DUKE ENERGY CP Price and EPS Surprise
DUKE ENERGY CP Price and EPS Surprise | DUKE ENERGY CP Quote
Guidance: The company expects to report its 2016 adjusted EPS towards the high end of its prior EPS guidance range of $4.50−$4.70.
Check back later for our full write up on this Duke Energy earnings report!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>