Duke Energy delivered solid Q1 2025 financials, with net income of $1.37 billion and adjusted EPS of $1.76, reflecting strength across electric and gas segments.
Duke Energy delivered strong Q4 2024 results, driven by rate increases, higher sales volumes, and regulatory support. Adjusted EPS grew by 9.93% YoY, while revenue saw a 2.05% increase. The company continues to invest in infrastructure with an $83 billion five-year capital plan.
Duke Energy announced third-quarter 2024 reported EPS of $1.60 and adjusted EPS of $1.62. Lower third-quarter 2024 adjusted results were driven by a higher effective tax rate, storm costs, interest expense and depreciation on a growing asset base, partially offset by growth from rate increases and riders. The company reaffirms its 2024 adjusted EPS guidance range of $5.85 to $6.10 and trending to the lower half of the range.
Duke Energy reported a strong second quarter with reported EPS of $1.13 and adjusted EPS of $1.18. The company is reaffirming its 2024 adjusted EPS guidance range of $5.85 to $6.10, and long-term adjusted EPS growth rate of 5% to 7% through 2028 off the 2024 midpoint of $5.98. Clear growth visibility is driven by a $73 billion capital plan.
Duke Energy announced first-quarter 2024 reported and adjusted EPS of $1.44, compared to reported EPS of $1.01 and adjusted EPS of $1.20 for the first quarter of 2023. Higher first-quarter 2024 adjusted results were driven by improved weather and favorable rate case impacts along with growth from riders and other retail margin, partially offset by higher interest expense. The company is reaffirming its 2024 adjusted EPS guidance range of $5.85 to $6.10.
Duke Energy reported strong fourth-quarter results, driven by lower O&M expense, favorable rate case impacts, growth from riders and other retail margin, and lower tax expense. The company is introducing 2024 adjusted EPS guidance of $5.85 to $6.10, and reaffirming its long-term adjusted EPS growth rate of 5% to 7% through 2028 off the 2024 midpoint of $5.98.