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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
