Duke Energy Corporation (DUK)
Sector • Utilities Industry • Electric Utilities |
Industry • Electric Utilities |
Sector • Utilities |
The Electric Utilities company announced strong double digit revenue growth, in the financial time-frame closing Jun 30 2022
company announced second quarter of 2022 operating profit of $1413 million
Published 2022-08-06T13:52:20+00:00
Goran Soko / CSIMarket.com Contributer

Income improved from the preceding quarter by 5.56 % from $1.08 per share, Revenue decreased by -6.268 % from $7.13 billion.
Earnings of $880.000 million in the April to June 30 2022 time-frame increased by 26.07 % from net earnings of $698.000 million reported in the April to June 30 2022 time-frame a year ago. Duke Energy Corporation also emphasized it's improving profit margins, where net margin rose to 13.16% in April to June 30 2022 time-frame, and operating margin edged up to 21.14%.
Operating earnings, on the other hand, improved just 20.87% to $1413 million.
Duke Energy Corporation is expected to report next financial earnings on August 03, 2023.