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.
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 $4.33, which is worse than the estimate ninety days ago.
Here’s how Duke Energy has been performing on an annual basis:
|Revenue ($) 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|
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)