Duke Energy reports Q2 adjusted EPS $1.18, consensus $1.02

Reports Q2 revenue $7.17B, consensus $6.61B. Higher second-quarter 2024 adjusted results were driven by growth from rate increases and riders, higher sales volumes and improved weather. These items were partially offset by higher interest expense and depreciation on a growing asset base. “We’ve had an excellent first half of the year, delivering on grid and generation investments and collaborating with stakeholders to advance the energy transition across our jurisdictions,” said Lynn Good, Duke Energy chair and CEO.