Duke Energy Corp
DUK: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$333.00 | Hlwsb | Hnvpczy |
Duke Energy Reports Third-Quarter Results, Will Sell Commercial Renewables Unit
We are maintaining our $101 fair value estimate for Duke Energy after the company reported third-quarter adjusted earnings per share of $1.78 compared with $1.88 in the year-ago period. Management lowered its 2022 adjusted EPS guidance to $5.20-$5.30 from $5.30-$5.60 and initiated 2023 EPS guidance of $5.55-$5.75. Our narrow moat and stable moat trend ratings are unchanged.