Duke Energy Stock Dips 1.26% as Q4 Earnings Loom
Duke Energy shares fell 1.26% on Feb 6, underperforming S&P 500's 1.97% gain and Nasdaq's 2.18% rise. The company will report Q4 results on Feb 10 with consensus EPS of $1.51 (–9% year-over-year) on revenue of $7.64 billion (+3.8%), while full-year estimates show EPS of $6.31 (+7%) on $31.88 billion (+5%).
1. Stock performance
On February 6, Duke Energy closed at $121.86, marking a 1.26% decline that lagged the S&P 500's 1.97% gain, the Dow's 2.47% rise and the Nasdaq's 2.18% advance.
2. Monthly performance
Over the past month, shares have gained 5.19%, outperforming the Utilities sector's 4.22% increase and reversing the S&P 500's 1.49% loss.
3. Q4 earnings preview
Duke Energy is scheduled to release fourth-quarter results on February 10, with analysts projecting EPS of $1.51, down 9% year-over-year, on revenue of $7.64 billion, up 3.8%.
4. Full-year forecasts
Consensus estimates for the full year call for EPS of $6.31, a 6.95% increase, and revenue of $31.88 billion, up 5.02% over the prior year.