Investing.com - Duke Energy (NYSE:DUK) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.12 on revenue of $5.87B. Analysts polled by Investing.com forecast EPS of $0.98 on revenue of $5.77B. That compared to EPS of $0.93 on revenue of $5.64B in the same period a year earlier. The company had reported EPS of $1.24 on revenue of $6.16B in the previous quarter.
For the year, Duke Energy shares are up 0.76%, under-performing the S&P 500 which is up 14.85% year to date.
Duke Energy follows other major Utilities sector earnings this month
On Wednesday, July 24, 2019, NextEra Energy reported second quarter EPS of $2.35 on revenue of $4.97B, compared to forecasts of EPS of $2.32 on revenue of $4.71B.
Enbridge earnings beat analyst's expectations on Friday, with second quarter EPS of $0.51 on revenue of $10.02B. Investing.com analysts expected EPS of $0.43 on revenue of $6.98B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar