Duke Energy Reaffirms FY24 Adj EPS $5.85-6.10 vs $5.97 Est
Portfolio Pulse from Benzinga Newsdesk
Duke Energy reaffirms its FY24 adjusted EPS guidance of $5.85 to $6.10, aligning with the estimated $5.97. The company also projects a long-term adjusted EPS growth rate of 5% to 7% through 2028, based on the 2024 midpoint of $5.98. No GAAP EPS forecasts were provided.
May 07, 2024 | 11:03 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Duke Energy reaffirms its FY24 adjusted EPS guidance of $5.85 to $6.10, closely matching the estimated $5.97, and projects a 5% to 7% EPS growth rate through 2028.
Reaffirming the EPS guidance indicates management's confidence in the company's financial outlook, which is likely to be viewed positively by investors. The alignment with estimates and the projection of steady growth through 2028 further reinforce the positive outlook for Duke Energy, suggesting a potential upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100