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) Misses Q1 Earnings & Revenue 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 fourth quarter earnings of $1.05 per share has decreased by 7 cents over the last 30 days.
Duke Energy has surpassed the Zacks Consensus Estimate in the last four quarters, resulting in a positive average surprise of 3.41%.
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.
Check back later for our full write up on this Duke Energy earnings report!
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
Image: Bigstock
Duke Energy (DUK) Misses Q1 Earnings & Revenue 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 fourth quarter earnings of $1.05 per share has decreased by 7 cents over the last 30 days.
Duke Energy has surpassed the Zacks Consensus Estimate in the last four quarters, resulting in a positive average surprise of 3.41%.
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 first quarter 2017 earnings of $1.04 missing the Zacks Consensus Estimate of $1.05.
Revenues: Duke Energy missed on revenues. Our consensus called for revenues of $5,803 million, and the company reported revenues of $5,729 million.
Guidance: The company reaffirmed its expectation 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!
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>