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

pexels-photo-216578 DUK delivered strong financial time-frame closing Jun 30 2022 Revenue and earnings increase, where Revenue rose by 16.099 % to $6.69 billion when compared with the prior year period, income grew by 18.75 % at $1.14 per share.

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.

Duke Energy's Effective Tax Rate

Duke Energy's Net Profit Margin

Other DUK's Earnings Reports

Other DUK's Earnings Reports


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