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: Target (TGT) expected to report lower Q3 2025 sales and profit
Target Corporation (NYSE: TGT) is navigating a challenging retail landscape ahead of next week's earnings, as sales and margins face pressure from economic uncertainty and restrained consumer demand. With a
Home Depot (HD) expected to report higher revenue and earnings in Q3 2025
Shares of The Home Depot (NYSE: HD) dipped over 1% on Monday. The stock has dropped 5% in the past three months. The home improvement retailer is scheduled to report
Tyson Foods (TSN) Q4 2025 adj. earnings beat unexpectedly; sales up 2%
Tyson Foods, Inc. (NYSE: TSN), a leading processor and marketer of chicken, beef, and pork, reported stronger-than-expected earnings for the fourth quarter of fiscal 2025 when the company's sales rose
