Duke Energy Earnings Preview: Can This Streak Continue?

Duke Energy (NYSE:DUK) will report earnings before markets open on Friday, May 3rd. Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America.

Here is your Cheat Sheet to Duke Energy Earnings:

Earnings Expectations: Analysts expect earnings of $1.04 per share on revenues of $5.69 billion. Currently, the company’s P/E ratio stands at 24.49.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.97 and has not changed. For the current year, the average estimate is a profit of $4.33, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Duke Energy has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 13,210 12,730 14,270 14,530 19,620
Diluted EPS ($) 3.210 2.490 3.000 3.83 3.07

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 3,368 3,630 3,577 6,722 5,695
Diluted EPS ($) 0.6486 0.6600 0.9900 0.85 0.6153

Past Performance:
Duke Energy has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)