Duke Energy Climbs 1.6% Ahead of Earnings Report
The utility outpaced major indexes in the latest session, while Zacks expects earnings and revenue growth in its coming report.
Key takeaways
- Duke Energy rose 1.6% to $115.66 in the latest session.
- Zacks expects quarterly earnings of $1.85 per share and revenue of $8.86 billion.
Duke Energy rose 1.6% to $115.66 in the latest session, beating the S&P 500’s 0.58% gain. The Dow rose 0.49%, while the Nasdaq added 0.45%.
The move followed a weaker month for the utility. Before the latest session, its shares had fallen 5.31% over the past month, while the Utilities sector declined 5.94% and the S&P 500 gained 0.84%.
Ahead of Duke Energy’s upcoming earnings report, Zacks estimates earnings of $1.85 per share and revenue of $8.86 billion. Those figures would represent year-over-year growth of 2.21% and 3.74%, respectively.
This article was produced with the help of AI technology. Source: Yahoo Finance
