CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Tuesday reported second-quarter profit of $1.09 billion.
On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.38. Earnings, adjusted for non-recurring costs, were $1.43 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The electric utility posted revenue of $7.59 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $7.71 billion.
Duke Energy expects full-year earnings in the range of $6.55 to $6.80 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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