Sector • Utilities Industry • Electric Utilities |
Industry • Electric Utilities |
Sector • Utilities |
Despite of Strong Revenues Profitability not Reached by in the most recent fiscal period
DUK delivered fourth quarter of 2022 operating income of $1296 millions
Published Apr 03 2023
CSIMarket Team / CSIMarket.com
Looking into results from the prior reporting period Revenue deteriorated by -12.362 % from $7.97 billions and Income per Share fell from $1.81 per share.
For the most recent fiscal period Duke Energy Corporation logged net deficit of $-658.000 million, instead of net earnings of $664.000 millions saw in the corresponding reporting period a year before.
Operating earnings, however, rose 21.46% to $1296 millions. Observing deeper the sales results for the fiscal period 2022, DUK disclosed Revenues of $28.77 billions and net income of $2.46 billions.
Electric Utilities company voiced also, that bottom-line deteriorated by -35.83 % to $3.17 per share from $4.94 in the prior fiscal period , contributesRevenues advanced by 14.63 % from $25.10 billions a year prior.
Duke Energy Corporation is expected to report next financial results on May 08, 2023.
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Duke Energy Corporation*s Profits Plummet, Stocks Tumble as Revenue Takes a Devastating Hit
Despite of Strong Revenues Profitability not Reached by in the most recent fiscal period
Solid Top and Bottom-line improvement at in the April to June 30 2022 interval
Other DUK's news
Duke Energy Corporation Lights Up the Market with Simple Revenue Growth
Duke Energy Corporation*s Profits Plummet, Stocks Tumble as Revenue Takes a Devastating Hit
Despite of Strong Revenues Profitability not Reached by in the most recent fiscal period
Solid Top and Bottom-line improvement at in the April to June 30 2022 interval