Duke Energy Affirms FY2023 Adj EPS Guidance from $5.55-5.75 vs $5.63 Est
Portfolio Pulse from Benzinga Newsdesk
Duke Energy has reaffirmed its adjusted EPS guidance for FY2023, with a range of $5.55 to $5.75. The company also maintains its long-term adjusted EPS growth rate of 5% to 7% through 2027, based on the 2023 midpoint of $5.65. The company does not provide forecasts for reported GAAP EPS and related long-term growth rates.
August 08, 2023 | 10:44 am
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POSITIVE IMPACT
Duke Energy's reaffirmation of its FY2023 adjusted EPS guidance and long-term growth rate is a positive signal for investors, indicating the company's confidence in its financial outlook.
Reaffirming guidance is generally seen as a positive sign as it indicates that the company is on track to meet its financial targets. This can boost investor confidence and potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100