Duke Energy (DUK) Q4 Earnings Beat, Revenues Decline Y/Y
Duke Energy Corporation DUK reported fourth-quarter 2019 adjusted earnings of 91 cents per share, which surpassed the Zacks Consensus Estimate of 88 cents by 3.4%. The bottom line also improved 8.3% year over year, driven by increased investments in electric and gas utilities and new renewable projects placed in service.
Including one-time adjustments, the company reported GAAP earnings of 88 cents per share compared with the year-ago figure of 65 cents.
For 2019, the company recorded adjusted earnings of $5.06 per share, which surpassed the Zacks Consensus Estimate of $5.03 by 0.6%. The bottom line also improved 34.6% from the prior year.
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https://finance.yahoo.com/news/duke-ener...02702.html
Duke Energy Corporation DUK reported fourth-quarter 2019 adjusted earnings of 91 cents per share, which surpassed the Zacks Consensus Estimate of 88 cents by 3.4%. The bottom line also improved 8.3% year over year, driven by increased investments in electric and gas utilities and new renewable projects placed in service.
Including one-time adjustments, the company reported GAAP earnings of 88 cents per share compared with the year-ago figure of 65 cents.
For 2019, the company recorded adjusted earnings of $5.06 per share, which surpassed the Zacks Consensus Estimate of $5.03 by 0.6%. The bottom line also improved 34.6% from the prior year.
...
https://finance.yahoo.com/news/duke-ener...02702.html
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