Duke Energy Power Up: Q4 EPS Rises, Revenue Beats and 2025 Outlook Holds on – Duke Energy (NYSE: DUK)

Duke Energy Corporation DUK reported an adjusted EPS in the fourth quarter of $ 1.66, up from $ 1.51 a year ago and in line with consensus.

Revenue of $ 7.36 billion exceeded consensus of $ 7.33 billion.

Electrical utilities and the adjusted segment income of the infrastructure increased to $ 1,238 billion from $ 1,115 billion a year ago. Quarterly results were led by growth from rate increases and riders.

On the other hand, Gas Utilities and Infrastructure reported an adjusted segment income of $ 231 million compared to $ 192 million in the fourth quarter of 2023.

At the end of the year, the operational cash flow of $ 12.3 billion, and cash and equivalents amounted to $ 314 million.

Lynn GoodDuke energy chairman and CEO, said, “Duke Energy is entering 2025 in a position of strength, and I am excited about the future with Harry Sideris as his next CEO. Under his management, Duke Energy is well positioned to perform the next phase of our business strategy .

FY25 Outlook confirmed: Duke Energy expects an adjusted EPS of $ 6.17 – $ 6.42 VS Agreement of $ 6.33.

The company expanded its long-term adjusted EPS-VAKT rate of 5% to 7% through 2029 from the 2025 midpoint of $ 6.30.

The company noted that five-year capital plan increased to $ 83 billion to finance new generation and earn growing energy needs.

Investors can get exposure to the stock via SPDR SELECT SECTOR Fund – Utilities XLU and Fidelity Msci Utilities Index Etf Futy.

Price action: DUK shares are down to 0.32% of $ 116.00 By the last check on Thursday.

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