Duke Energy Corp Q3 adjusted earnings Beat Estimates

(RTTNews) - Duke Energy Corp (DUK) released earnings for its third quarter that increased from last year.

The company's earnings totaled $1.37 billion, or $1.79 per share. This compares with $1.27 billion, or $1.74 per share, in last year's third quarter.

Excluding items, Duke Energy Corp reported adjusted earnings of $1.44 billion or $1.88 per share for the period.

Analysts had expected the company to earn $1.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.4% to $6.95 billion from $6.72 billion last year.

Duke Energy Corp earnings at a glance:

-Earnings (Q3): $1.44 Bln. vs. $1.36 Bln. last year. -EPS (Q3): $1.88 vs. $1.87 last year. -Analysts Estimate: $1.79 -Revenue (Q3): $6.95 Bln vs. $6.72 Bln last year.

-Guidance: Full year EPS guidance: $5.15 to $5.30