Duke Energy Misses On Q4 Earnings & Revenues

Charlotte, NC-based Duke Energy Corporation is a diversified energy company with a wide portfolio of domestic and international, natural gas and electric and regulated and unregulated businesses which supply, deliver and process energy.

Charlotte, NC-based Duke Energy Corporation (DUK - Analyst Report) is a diversified energy company with a wide portfolio of domestic and international, natural gas and electric and regulated and unregulated businesses which supply, deliver and process energy in North America and selected international markets. It is the largest electric utility in the U.S.

Duke Energy’s earnings track record has been mostly good with the company delivering positive earnings surprises in three of the last four quarters with an average positive surprise of 3.73%. Investors should also note the Zacks Consensus Estimate has remained stable in the last 7 days.

Currently, Duke Energy has a Zacks Rank #3 (Hold), but that could definitely change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings Miss: Duke Energy missed on fourth quarter earnings. Our consensus called for EPS of 88 cents, and the company reported EPS of 86 cents.

Key Stats: Duke Energy has provided its 2015 adjusted EPS guidance range at $4.55 to $4.75.

See UpdateDuke Energy Lags Earnings Estimates, Provides Guidance

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