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04.11.2016 12:05:53

Duke Energy Corp Earnings Climb 15% In Q3

(RTTNews) - Duke Energy Corp (DUK) announced a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line came in at $1.16 billion, or $1.68 per share. This was higher than $1.01 billion, or $1.47 per share, in last year's third quarter.

Analysts had expected the company to earn $1.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.2% to $6.82 billion. This was up from $6.48 billion last year.

Duke Energy Corp earnings at a glance:

-Earnings (Q3): $1.16 Bln. vs. $1.01 Bln. last year. -Earnings Growth (Y-o-Y): 14.9% -EPS (Q3): $1.68 vs. $1.47 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $1.58 -Revenue (Q3): $6.82 Bln vs. $6.48 Bln last year. -Revenue Change (Y-o-Y): 5.2%

-Guidance: Full year EPS guidance: $4.50 - $4.70

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