Charlotte, NC-based Duke Energy Corporation (DUK Quick QuoteDUK - 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 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.

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

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