DUK launches the Duke Energy + Electrada Fleet Mobility Microgrid at its Emerging Technology Office in Mount Holly, NC.
Investors need to pay close attention to Duke Energy (DUK) stock based on the movements in the options market lately.
Duke Energy (DUK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Duke Energy Corporation (NYSE:DUK ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chief Executive Officer Harry Sideris - President Brian Savoy - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners James Ward Smith - Jefferies Nick Campanella - Barclays Durgesh Chopra - Evercore ISI Anthony Crowdell - Mizuho John Miller - Goldman Sachs Operator Hello, everyone, and welcome to the Duke Energy Third Quarter 2024 Earnings Call. My name is Felicia and I'll be your operator today.
DUK's third-quarter earnings miss the Zacks Consensus Estimate by 6.4%. Its revenues surpass the consensus estimate by 1.9%.
Duke Energy will include take-or-pay provisions in its agreements for two new gigawatts of U.S. data centers in its territory, as the utility continues to hammer out details of its power agreements with the businesses, Duke's chief financial officer told Reuters on Thursday.
Duke Energy (DUK) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.94 per share a year ago.
Utility company Duke Energy Corp (NYSE:DUK) missed earnings expectations as it calculated a total cost of between $2.4 billion and $2.9 billion to restore facilities damaged by three consecutive hurricanes, including the powerful Helene and Milton. The power giant, which serves 8.4 million customers in North and South Carolina, Florida, Indiana, Ohio and Kentucky, saw 5.5 million customer power outages after hurricanes Helene, Debby and Milton damaged transmission lines and other infrastructure.
Duke Energy said on Thursday it estimates the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene to be in the range of $2.4 billion to $2.9 billion.
Duke Energy (DUK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Duke Energy (DUK) closed at $114 in the latest trading session, marking a -0.36% move from the prior day.
Rowe Price, Duke Energy, Philip Morris International and Regions Financial are included in this Analyst Blog.