Investing.com - Duke Energy (NYSE:DUK) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.24 on revenue of $6.16B. Analysts polled by Investing.com expected EPS of $1.22 on revenue of $6.31B. That compared to EPS of $1.28 on revenue of $6.14B in the same period a year earlier. The company had reported EPS of $0.84 on revenue of $6.12B in the previous quarter.
For the year, Duke Energy shares are up 1.74%, under-performing the S&P 500 which is up 16.25% year to date.
Duke Energy follows other major Utilities sector earnings this month
On Tuesday, April 23, 2019, NextEra Energy reported first quarter EPS of $2.2 on revenue of $4.08B, compared to forecasts of EPS of $2.05 on revenue of $4.38B.
Enterprise Products Partners LP earnings beat analyst's expectations on Wednesday, May 1, 2019, with first quarter EPS of $0.57 on revenue of $8.54B. Investing.com analysts expected EPS of $0.48 on revenue of $9.23B
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