Duke Energy (DUK) Misses Q1 EPS by 1c; Guides In-Line

Duke Energy (NYSE: DUK) reported Q1 EPS of $1.13, $0.01 worse than the analyst estimate of $1.14. Revenue for the quarter came in at $5.26 billion versus the consensus estimate of $6.05 billion.

GUIDANCE:

Duke Energy sees FY2016 EPS of $4.50-$4.70 versus the consensus of $4.59.

"Operational excellence continues to underpin our commitment to our customers, communities and investors," said Lynn Good, chairman, president and CEO. "This was evidenced by our quick response in restoring more than 1.1 million customers after multiple winter storms in the Carolinas.

"Equally important, we continued to make investments to better serve our customers -- expanding natural gas and renewable generation investments, modernizing the electric grid and investing in infrastructure while continuing to efficiently manage our operations."

For earnings history and earnings-related data on Duke Energy (DUK) click here.

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