CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Thursday reported third-quarter profit of $1.57 billion.
The Charlotte, North Carolina-based company said it had net income of $1.99 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.
The electric utility posted revenue of $9.1 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $8.9 billion.
Duke Energy expects full-year earnings in the range of $6.70 to $6.80 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DUK at https://www.zacks.com/ap/DUK
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
