Duke Energy Introduced 2024 Adjusted EPS Guidance Of $5.85 To $6.10, Vs. $5.98 Est. And Reaffirmed Its Long-Term Adjusted EPS Growth Rate Of 5%-7% Through 2028 Off The 2024 Midpoint Of $5.98
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Duke Energy has introduced its 2024 adjusted EPS guidance ranging from $5.85 to $6.10, compared to the estimated $5.98. Additionally, the company reaffirmed its long-term adjusted EPS growth rate of 5%-7% through 2028, based on the 2024 midpoint of $5.98. The company's management has not provided forecasts for reported GAAP EPS and related long-term growth rates.
February 08, 2024 | 11:12 am
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Duke Energy introduced its 2024 adjusted EPS guidance of $5.85 to $6.10, closely aligning with the estimated $5.98, and reaffirmed a 5%-7% EPS growth rate through 2028.
The introduction of the 2024 adjusted EPS guidance by Duke Energy, which aligns closely with the estimated $5.98, and the reaffirmation of a 5%-7% long-term EPS growth rate, are positive indicators for the company's financial health and future growth prospects. This guidance provides investors with a clear outlook on the company's expected performance and growth trajectory, which is likely to instill confidence and potentially drive the stock price up in the short term.
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