Duke Energy Reports Strong Growth in Q1 2024 Earnings
Tuesday, 7 May 2024, 13:13
Duke Energy Q1 2024 Earnings Report
Energy holding company Duke Energy (NYSE: DUK) announced its first-quarter results for 2024, showcasing notable financial performance.
Financial Highlights:
- Total operating revenues surged to $7.67 billion in Q1 from $7.28 billion YoY.
- Adjusted earnings per share rose to $1.44 from $1.01 compared to the previous year.
- Net income available to shareholders increased to $1.1 billion in Q1.
The company also provided guidance for 2024 and beyond, projecting a growth rate of 5% to 7% in adjusted EPS through 2028.
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