Duke Energy Corp. (DUK) Scheduled to Post Quarterly Earnings on Wednesday
Duke Energy Corp. (NYSE:DUK) is scheduled to release its Q313 earnings data on Wednesday, November 6th. Analysts expect Duke Energy Corp. to post earnings of $1.53 per share and revenue of $7.38 billion for the quarter. Duke Energy Corp. has set its FY13 guidance at $4.20-4.45 EPS.
Duke Energy Corp. (NYSE:DUK) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.87 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.94 by $0.07. The company had revenue of $5.88 billion for the quarter, compared to the consensus estimate of $5.73 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 64.4% on a year-over-year basis. On average, analysts expect Duke Energy Corp. to post $4.30 EPS for the current fiscal year and $4.56 EPS for the next fiscal year.
Shares of Duke Energy Corp. (NYSE:DUK) opened at 72.47 on Tuesday. Duke Energy Corp. has a 52-week low of $59.63 and a 52-week high of $75.46. The stock has a 50-day moving average of $68.91 and a 200-day moving average of $69.16. The company has a market cap of $51.157 billion and a P/E ratio of 25.63.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 16th. Shareholders of record on Friday, November 15th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date of this dividend is Wednesday, November 13th.
A number of research firms have recently commented on DUK. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Duke Energy Corp. from $68.00 to $71.00 in a research note to investors on Monday, October 28th. On the ratings front, analysts at Macquarie initiated coverage on shares of Duke Energy Corp. in a research note to investors on Tuesday, October 15th. They set a “neutral” rating on the stock. Finally, analysts at ISI Group cut their price target on shares of Duke Energy Corp. from $74.00 to $70.00 in a research note to investors on Thursday, October 10th. They now have a “neutral” rating on the stock. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $74.75.
Duke Energy Corporation (NYSE:DUK) is an energy company.
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