Duke Energy: Q2 Earnings Snapshot

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Tuesday reported second-quarter earnings of $984 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.25.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The electric utility posted revenue of $7.51 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $7.34 billion.

Duke Energy expects full-year earnings in the range of $6.17 to $6.42 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DUK at https://www.zacks.com/ap/DUK

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