Duke Energy Corporation (DUK), headquartered in Charlotte, North Carolina, is one of the largest energy holding companies in the U.S. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. Valued at $93.2 billion by market cap, the company collectively owns approximately 54,800 megawatts of energy capacity. DUK is also investing in electric grid upgrades and cleaner generation. The leading energy company is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Thursday, Nov. 7.
Ahead of the event, analysts expect DUK to report a profit of $1.85 per share on a diluted basis, down 4.6% from $1.94 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
