Duke Energy Q2 Adj. EPS $0.91 Misses $0.98 Estimate, Sales $6.58B Beat $6.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Duke Energy reported Q2 earnings of $0.91 per share, missing the analyst consensus estimate of $0.98 by 7.14%. This is a 20.18% decrease from the same period last year. The company's quarterly sales of $6.58 billion beat the analyst consensus estimate of $6.57 billion by 0.15%, but this is a 1.60% decrease from the same period last year.
August 08, 2023 | 10:25 am
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Duke Energy's Q2 earnings missed estimates and decreased YoY, while sales beat estimates but also decreased YoY.
Duke Energy's earnings miss and YoY decrease, along with a decrease in sales despite beating estimates, could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
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