Duke Energy Q4 2023 Earnings Report
Key Takeaways
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.
2023 reported EPS of $3.54 and adjusted EPS of $5.56, closing the year within guidance range
Constructive rate case outcomes and portfolio simplification in 2023 provide clarity and momentum
Five-year capital plan increasing to $73 billion to support unprecedented growth in the communities we serve
Duke Energy's fourth-quarter 2023 adjusted EPS was $1.51, compared to $1.11 for the fourth quarter of 2022.
Duke Energy
Duke Energy
Duke Energy Revenue by Segment
Forward Guidance
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income