Energy holding company Duke Energy (NYSE: DUK) on Tuesday reported financial results for the second quarter of 2023, reporting a decline in adjusted earnings.
- The company reported a loss per share of $0.32 for the June quarter, on an unadjusted basis, vs. earnings of $1.14 per share last year
- On an adjusted basis, it was a profit of $0.91 per share, which is lower than the $1.09/share earnings reported in Q2 2022
- Total operating revenues remained broadly unchanged at $6.58 billion
- The management reaffirmed its adjusted EPS guidance range of $5.55 to $5.75 for fiscal 2023
- It also confirmed the long-term adjusted EPS growth rate of 5-7% through 2027, off the 2023 midpoint of $5.65
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal
