Utilities | Electric Utilities | USA
Duke Energy (DUK) Q1 Earnings Top Estimates, Revenues Miss
Duke Energy Corporation DUK reported first-quarter 2019 earnings of $1.24 per share, which surpassed the Zacks Consensus Estimate of $1.21 by 2.5%. The bottom line also improved 40.9% year over year, driven by revenues as well as operating income growth.
Total Revenues
Total operating revenues came in at $6,163 million, up 0.5% from $6,135 million a year ago. The reported figure, however, missed the Zacks Consensus Estimate of $6,249 million by 1.4%.
The regulated electric unit’s revenues were $5,285 million (almost flat year over year), representing 85.8% of total revenues in the first quarter.
Revenues from the regulated natural gas business totaled $728 million, up 4% year over year.
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https://finance.yahoo.com/news/duke-ener...02014.html
Duke Energy (DUK) Q1 Earnings Top Estimates, Revenues Miss
Duke Energy Corporation DUK reported first-quarter 2019 earnings of $1.24 per share, which surpassed the Zacks Consensus Estimate of $1.21 by 2.5%. The bottom line also improved 40.9% year over year, driven by revenues as well as operating income growth.
Total Revenues
Total operating revenues came in at $6,163 million, up 0.5% from $6,135 million a year ago. The reported figure, however, missed the Zacks Consensus Estimate of $6,249 million by 1.4%.
The regulated electric unit’s revenues were $5,285 million (almost flat year over year), representing 85.8% of total revenues in the first quarter.
Revenues from the regulated natural gas business totaled $728 million, up 4% year over year.
...
https://finance.yahoo.com/news/duke-ener...02014.html