Investing.com - Duke Energy (NYSE:DUK) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Duke Energy announced earnings per share of $0.91 on revenue of $6.10B. Analysts polled by Investing.com anticipated EPS of $0.87 on revenue of $6.27B. That with comparison to EPS of $0.84 on revenue of $6.12B in the same period a year before.Duke Energy had reported EPS of $1.79 on revenue of $6.94B in the previous quarter.Analysts are expecting EPS of $1.21 and revenue of $6.15B in the upcoming quarter.
Duke Energy shares are up 7.36% from the beginning of the year and are trading at $97.92 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.15% year to date.
Duke Energy follows other major Utilities sector earnings this month
Duke Energy's report follows an earnings missed by NextEra Energy on Friday, January 24, 2020, who reported EPS of $1.44 on revenue of $4.59B, compared to forecasts EPS of $1.48 on revenue of $4,631M.
Dominion Energy had beat expectations on Tuesday with fourth quarter EPS of $1.18 on revenue of $4.48B, compared to forecast for EPS of $1.15 on revenue of $4.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar