Duke Energy Corp Q2 Earnings Climb 12%

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

The company said its bottom line advanced to $739 million, or $1.07 per share. This was up from $658 million, or $0.95 per share, in last year's second quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.0% to $5.48 billion. This was down from $5.59 billion last year.

Duke Energy Corp earnings at a glance:

-Earnings (Q2): $739 Mln. vs. $658 Mln. last year. -Earnings Growth (Y-o-Y): 12.3% -EPS (Q2): $1.07 vs. $0.95 last year. -EPS Growth (Y-o-Y): 12.6% -Analysts Estimate: $1.01 -Revenue (Q2): $5.48 Bln vs. $5.59 Bln last year. -Revenue Change (Y-o-Y): -2.0%

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