Stock Analyst Note
Duke Energy Earnings: After Strong First Quarter, Firm Remains a Top Utilities Pick
We are maintaining our $112 per share fair value estimate for narrow-moat Duke Energy after the company reported first-quarter adjusted earnings of $1.44 per share compared with $1.20 in the same year-ago quarter. Management reaffirmed their 2024 EPS guidance range of $5.85-$6.10, in line with our estimate.