Duke Energy Earnings Inline, Revenue misses In Q4 By Investing.com

Duke Energy (NYSE:DUK) reported on Thursday fourth quarter earnings that matched analysts’ forecasts and revenue that fell short of expectations.

Duke Energy announced earnings per share of $1.03 on revenue of $5.78B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $6.72B.

Duke Energy shares are up 2% from the beginning of the year and are trading at $93.70 , down-from-52-week-high.They are under-performing the S&P 500 which is up 4.09% 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 January 26, who reported EPS of $0.4 on revenue of $4.4B, compared to forecasts EPS of $0.3818 on revenue of $5.56B.

Enterprise Products Partners LP had missed expectations on February 3 with fourth quarter EPS of $0.15 on revenue of $7.04B, compared to forecast for EPS of $0.5037 on revenue of $7.6B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar