Duke Energy Corp Q2 Profit Increases, Beats Estimates

(RTTNews) - Duke Energy Corp (DUK) revealed earnings for its second quarter that Increased from last year and beat the Street estimates.

The company's bottom line totaled $971 million, or $1.25 per share. This compares with $886 million, or $1.13 per share, last year.

Excluding items, Duke Energy Corp reported adjusted earnings of $972 million or $1.25 per share for the period.

Analysts on average had expected the company to earn $1.17 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.7% to $7.508 billion from $7.172 billion last year.

Duke Energy Corp earnings at a glance (GAAP) :

-Earnings: $971 Mln. vs. $886 Mln. last year. -EPS: $1.25 vs. $1.13 last year. -Revenue: $7.508 Bln vs. $7.172 Bln last year.