Investing.com - Duke Energy (NYSE:DUK) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Duke Energy announced earnings per share of $1.08 on revenue of $5.42B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $5.84B.
Duke Energy shares are down 5% from the beginning of the year, still down 16.55% from its 52 week high of $103.79 set on February 24. They are under-performing the S&P 500 which is up 3.73% from the start of the year.
Duke Energy follows other major Utilities sector earnings this month
Duke Energy's report follows an earnings beat by NextEra Energy on July 24, who reported EPS of $2.61 on revenue of $4.2B, compared to forecasts EPS of $2.5 on revenue of $5.17B.
Dominion Energy had beat expectations on July 31 with second quarter EPS of $0.82 on revenue of $3.59B, compared to forecast for EPS of $0.79 on revenue of $3.98B.
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