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Mar 31, 2024
Duke Energy Q1 2024 Earnings Report
Duke Energy reported a strong start to the year, driven by growth at Electric Utilities and Infrastructure.
Key Takeaways
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.
First-quarter 2024 reported and adjusted EPS of $1.44
Strong start to the year, driven by growth at Electric Utilities and Infrastructure
Company continues to advance generation transition with an "all of the above" strategy to serve significant demand growth
Reaffirming 2024 adjusted EPS guidance range of $5.85 to $6.10
Forward Guidance
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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