Duke Energy Shares Climb 8% as EPS Forecasts Hold at $6.70
Shares of Duke Energy have risen 8% over the past month, outperforming the S&P 500 composite’s -1.3% return and the electric utility industry’s 6.4% gain. Consensus EPS stands at $1.84 for the current quarter (+4.6% year-over-year) and $6.70 for the fiscal year (+6.2%), with estimates unchanged over the last 30 days.
1. Recent Share Performance
Over the past month, Duke Energy shares rose 8%, outperforming the S&P 500 composite’s -1.3% return and the electric utility sector’s 6.4% gain, underscoring investor interest in the stock.
2. Earnings Estimate Stability
Consensus EPS for the current quarter remains at $1.84, representing a 4.6% increase year-over-year, while fiscal year EPS forecasts hold at $6.70 (+6.2%), with no revisions over the last 30 days.
3. Revenue Growth Projections
Analysts project revenues of $8.45 billion for the current quarter (+2.4% year-over-year), $33.24 billion for the current fiscal year (+3.1%), and $34.77 billion next year (+4.6%).
4. Latest Results and Valuation
In the last quarter, revenues of $7.94 billion beat estimates by 3.9% and EPS of $1.50 missed by 0.7%, contributing to a consensus hold rating and a valuation grade of C against peers.