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Duke Energy Corporation  (DUK)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


 

Duke Energy Corporation

DUK's Financial Statements and Analysis



Duke Energy Corporation reported in the second quarter of 2024 net earnings per share of $1.13 an improvement compare to net loss per share of $-0.32 recorded a year ago and decline of -21.53 % from $1.44 earned in I. Quarter (Mar 31 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 1.13 $  7,172 Mill
$+1.45     $+594M     +9.03 %



Duke Energy's Revenue rose by 9.03 % in second quarter of 2024 (Jun 30 2024) year on year, to $7,172 million and declined by -6.51 % sequentially.


Duke Energy is

More on DUK's Income Statement



Duke Energy 's net income of $921.000 million in the second quarter of 2024 increased from net loss of $-204.000 million II. Quarter a year ago.

Sequentially net earnings fell by -19.98 % from net income of $1,151.000 million realized in previous quarter.

More on DUK's Growth

Duke Energy Inventories
Inventories grew by 7.07 % to $4,390 million from II. Quarter a year ago, sequentially inventories rose by 2.55 %. In Jun 30 2024 company's net cash and cash equivalents decreased by $-35 million, capital expenditures grew by -3119-3.94%, to $-2,996 millions compare to same quarter a year ago

More on DUK's Cash flow Statement


Duke Energy Corporation payed out dividend of $4.05 per share in last 52 weeks representing 74.45 % of net earning per share in trailing twelve-month period.

During the same period Duke Energy Corporation earned $ 14.92 cash per share, on a free-cash flow basis 274.31 % of net earning per share.

Book value grew by 0.20 % sequentially to $65.81 per share, -7.88% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 39.55 per share from $ 39.38.

Company issued 1.00 million shares or 0.13 % in Jun 30 2024.
Interest Coverage Ratio was 3.17. Debt Coverage Ratio was 0.09.

More on DUK's Dividends

 Market Capitalization (Millions) 90,015
 Shares Outstanding (Millions) 772
 Total Debt (Millions $) 82,449
 Revenue (TTM) (Millions $) 30,049
 Net Income (TTM) (Millions $) 4,389
 Cash Flow (TTM) (Millions $) -84
 Capital Exp. (TTM) (Millions $) -12,543
 Dividend TTM ($) 4.05 $
 Dividend Yield TTM (%) 3.42 %
 Employees (TTM) $ 27,605




Duke Energy Corporation payed out dividend of $4.05 per share in the last 52 weeks representing 74.45 % of net earning per share in trailing twelve-month period.

During the same period Duke Energy Corporation had $ 14.92 cash flow per share, on a free-cash flow basis 274.31 % of net earning per share.

Book value grew by 0.20 % sequentially to $65.81 per share, -7.88% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 39.55 per share from $ 39.38.

Company issued 1.00 million shares or 0.13 % in Jun 30 2024.
Interest Coverage Ratio was 3.17. Debt Coverage Ratio was 0.09.

More on DUK's Balance Sheets

 Market Capitalization (Millions) 90,015
 Shares Outstanding (Millions) 772
 Total Debt (Millions $) 82,449
 Revenue (TTM) (Millions $) 30,049
 Net Income (TTM) (Millions $) 4,389
 Cash Flow (TTM) (Millions $) -84
 Capital Exp. (TTM) (Millions $) -12,543
 Dividend TTM ($) 4.05 $
 Dividend Yield TTM (%) 3.42 %
 Employees (TTM) $ 27,605
   


  News about Duke Energy Corporation Earnings

Duke Energy Corporation's Profit Per Share Soars by 42.57% in Fiscal Period Ending March 31, 20242.

Duke Energy Corporation is a prominent and influential company in the electric u...

Duke Energy Corporation Lights Up the Market with Simple Revenue Growth

Duke Energy Corporation, one of the leading electric utilities companies, recently announced its financial results for the fourth quarter of 2023. The company reported a positive profitability of $1.28 per share, a significant improvement from the previous year's performance of -$0.84 per share. However, profits fell by -19.37% from the preceding quarter, reducing investor optimism.
Despite this decline in profits, the company's revenue showed moderate growth of 3.279%, reaching $7.21 billion compared to $6.98 billion in the same quarter a year prior. However, sequentially, the revenue deteriorated by -9.782% from $7.99 billion. These results indicate that the company needs to focus on maintaining consis...

Duke Energy Corporation defies industry struggles with resilient financial performance, but income per share sees significant decline

he Electric Utilities sector grapples with diminishing orders and declining revenue, Duke Energy Corporation stands tall amidst adversity. The company's recent financial results for the most recent fiscal period reveal a tenacious effort to combat industry challenges and set an example for its peers. Although revenue witnessed a modest 0.326% elevation, a 12.15% reduction in income compared to the corresponding reporting period a year ago raises eyebrows.
Despite this decline, Duke Energy Corporation boasts impressive figures that signify its ability to adapt and navigate a volatile market. Revenues of $7.99 billion and earnings per share (EPS) of $1.59 serve as a testament to the company's resolute mind...

Duke Energy Corporation's Profits Plummet, Stocks Tumble as Revenue Takes a Devastating Hit



Duke Energy Corporation, a leading energy company, has experienced a drop in its stock price and a significant decline in revenue, resulting in a widening deficit. These financial results, combined with increasing inventories and accounts receivable, present a mixed picture for the company's future prospects. This article will analyze the implications of these developments and their potential impact on Duke Energy's future operations.
1. Fading Revenue and Greater Deficit:
During the financial period closing June 30, 2023, Duke Energy Corporation faced lower demand, leading to a significant decrease in revenue by -7.768% to $6.58 billion year-on-year. This decline caused a net deficit of $-...


Date modified: 2024-09-07T13:19:05+00:00





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