Duke Energy closed at $125.05, a 1.24% gain that contrasted with the S&P 500's 1.44% decline. The electric utility's upcoming earnings report is expected to show earnings per share of $1.33, a 6.4% increase from the same quarter last year, on projected net sales of $7.7 billion. For the full year, analysts anticipate earnings of $6.71 per share and revenue of $33.66 billion, representing year-over-year growth of 6.34% and 4.43%, respectively. Duke Energy currently carries a Zacks Rank of 2, or Buy, and trades at a forward price-to-earnings ratio of 18.42, a slight premium to its industry average of 18.11.
Duke Energy CorporationArticle reports upcoming earnings expectations and valuation metrics, but no actual earnings release or material news; stock rose 1.24% while market fell, but no specific catalyst identified.