Duke Energy (DUK) Earnings Date and Reports 2024 (2024)

FAQs

What is the earnings forecast for Duk? ›

Zacks Consensus Estimate

This electric utility is expected to post quarterly earnings of $1.43 per share in its upcoming report, which represents a year-over-year change of +19.2%. Revenues are expected to be $7.8 billion, up 7.2% from the year-ago quarter.

Future Growth

Duke Energy is forecast to grow earnings and revenue by 7.2% and 3.1% per annum respectively. EPS is expected to grow by 6.7% per annum. Return on equity is forecast to be 9.9% in 3 years.

Duke Energy has a conensus rating of Moderate Buy which is based on 7 buy ratings, 5 hold ratings and 0 sell ratings. What is Duke Energy's price target? The average price target for Duke Energy is $103.27. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The returns on capital haven't changed much for Duke Energy in recent years. The company has consistently earned 4.5% for the last five years, and the capital employed within the business has risen 22% in that time.

This is the 98th consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock.

Duke Energy Corporation ( DUK ) pays dividends on a quarterly basis. Duke Energy Corporation ( DUK ) has increased its dividends for 17 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Immediately prior to completion of the merger, Duke Energy conducted a 1-for-3 reverse stock split. Details of the merger can be found within the below Notice of Special Meeting and Joint Proxy Statement.

Is Duke Energy stock a Buy, Sell or Hold? Duke Energy stock has received a consensus rating of hold. The average rating score is and is based on 20 buy ratings, 39 hold ratings, and 1 sell ratings.

Why is my Duke Energy bill higher than usual? Unfortunately, many of our customers are currently experiencing higher than normal energy bills. This is due in part to a dramatic increase in the cost of fuel, driving up the cost to run our power plants and generate power. We don't profit from fuel costs.

Vanguard owns the most shares of Duke Energy (DUK).

Why is Duke Energy stock falling? ›

The big picture behind the drop is at least partly driven by rising interest rates, which make other income products, like CDs, more competitive. But there were also some worrying trends in Duke's third-quarter earnings results.

Total debt on the balance sheet as of December 2023 : $80.45 B. According to Duke Energy's latest financial reports the company's total debt is $80.45 B. A company's total debt is the sum of all current and non-current debts.

Lynn Good, chair, president and CEO of Duke, received total adjusted compensation of about $21 million in 2022, a nearly 30% increase from 2021. The total compensation of Duke's median employee in 2022 was $125,140, the company reported in its proxy statement.

Duke Energy continues with systematic investments in its infrastructure development and expansion projects. In 2023, Duke Energy made capital expenditures totaling $12.57 billion. For the 2024-2028 period, the company expects to invest $73 billion, with 50% of the capital plan focused on grid investment.

CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced it has completed the sale of its unregulated utility-scale Commercial Renewables business to Brookfield, operator of one of the world's largest publicly traded, pure-play renewable power platforms. The sale agreement was previously announced on June 12, 2023.

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