Duke Energy: Q1 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Tuesday reported first-quarter profit of $1.38 billion.
On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $1.76.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.
The electric utility posted revenue of $8.25 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $8.06 billion.
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