Investing.com - Duke Energy (NYSE:DUK) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Duke Energy announced earnings per share of $1.15 on revenue of $5.76B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $5.91B.
Duke Energy shares are up 16% from the beginning of the year, still down 1.18% from its 52 week high of $108.00 set on May 17. They are under-performing the S&P 500 which is up 17.22% 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 23, who reported EPS of $0.71 on revenue of $3.93B, compared to forecasts EPS of $0.6977 on revenue of $4.97B.
Iberdrola SA had missed expectations on July 21 with second quarter EPS of $0.3772 on revenue of $10.21B, compared to forecast for EPS of $0.3774 on revenue of $9.67B.
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