Overview

* Duke Energy ( DUK ) Q3 revenue slightly beats analyst expectations

* Adjusted EPS for Q3 2025 beats analyst estimates, growing over 11% yr/yr

* Company narrows 2025 adjusted EPS guidance to $6.25-$6.35, reaffirms long-term growth rate

Outlook

* Duke Energy ( DUK ) narrows 2025 adjusted EPS guidance to $6.25-$6.35

* Company reaffirms long-term adjusted EPS growth rate of 5%-7% through 2029

* Duke Energy ( DUK ) to announce $95-$105 bln capital plan for 2026-2030 in February

Result Drivers

* NEW RATES - Higher adjusted EPS driven by implementation of new rates and riders, per company

* RETAIL SALES VOLUME - Increased retail sales volumes contributed to higher Q3 results, according to company

* HIGHER EXPENSES - Results partially offset by higher interest expense, depreciation, and property taxes on growing asset base

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Slight $8.54 $8.50

Revenue Beat* bln bln (10

Analysts

)

Q3 Beat $1.81 $1.75

Adjusted (16

EPS Analysts

)

Q3 EPS $1.81

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy"

* Wall Street's median 12-month price target for Duke Energy Corp ( DUK ) is $138.00, about 10.1% above its November 6 closing price of $124.00

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)