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Duke Energy logoDuke Energy DUK

The company said its reported EPS for Q2 2024 was $1.13 and its adjusted EPS was $1.18. For Q2 2023, reported loss per share was $(0.32) and adjusted EPS was $0.91.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its reported EPS for Q2 2024 was $1.13 and its adjusted EPS was $1.18. For Q2 2023, reported loss per share was $(0.32) and adjusted EPS was $0.91.

  2. The company said Electric Utilities and Infrastructure reported segment income of $1,090 million and adjusted segment income of $1,115 million for Q2 2024. For Q2 2023, reported segment income was $850 million and adjusted segment income was $850 million.

  3. Duke Energy said it reaffirmed its 2024 adjusted EPS guidance range of $5.85 to $6.10 and its long-term adjusted EPS growth rate of 5% to 7% through 2028, off the 2024 midpoint of $5.98.

  4. The company said the difference between reported and adjusted EPS for Q2 2024 includes Regulatory Matters of $25 million and Discontinued Operations of $10 million. Regulatory Matters relates to the Duke Energy Carolinas South Carolina rate case order.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Reported EPS and adjusted EPS for Q2 2024

The company said its reported EPS for Q2 2024 was $1.13 and its adjusted EPS was $1.18. For Q2 2023, reported loss per share was $(0.32) and adjusted EPS was $0.91.

Source · Based on the filing body and exhibits

Electric Utilities and Infrastructure segment income for Q2

The company said Electric Utilities and Infrastructure reported segment income of $1,090 million and adjusted segment income of $1,115 million for Q2 2024. For Q2 2023, reported segment income was $850 million and adjusted segment income was $850 million.

Source · Based on the filing body and exhibits

2024 full-year adjusted EPS outlook

Duke Energy said it reaffirmed its 2024 adjusted EPS guidance range of $5.85 to $6.10 and its long-term adjusted EPS growth rate of 5% to 7% through 2028, off the 2024 midpoint of $5.98.

Source · Based on the filing body and exhibits

Special items driving the difference between reported and adjusted results for Q2

The company said the difference between reported and adjusted EPS for Q2 2024 includes Regulatory Matters of $25 million and Discontinued Operations of $10 million. Regulatory Matters relates to the Duke Energy Carolinas South Carolina rate case order.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.