Duke Energy is positioned to extend its earnings-beat streak when it reports next, with a positive Zacks Earnings ESP of +0.54% and a Zacks Rank #3 (Hold). The electric utility has topped consensus estimates in each of its last two quarters, with an average surprise of 9.34%. In the most recent quarter, Duke Energy was expected to post earnings of $1.29 per share but reported $1.43 per share, a surprise of 10.85%. The prior quarter saw a consensus estimate of $1.79 per share against actual earnings of $1.93 per share, a surprise of 7.82%. Zacks research shows that stocks combining a positive Earnings ESP with a Zacks Rank #3 or better produce a positive surprise nearly 70% of the time.
Duke Energy CorporationDuke Energy has a positive Zacks Earnings ESP of +0.54% and a Zacks Rank #3, positioning it to extend its earnings-beat streak.
