Duke Energy reports Q3 adjusted EPS $1.81, consensus $1.75

Reports Q3 revenue $8.54B, consensus $8.55B. “We remain on track to deliver strong results in 2025, while advancing an energy modernization strategy that creates value for our customers, stakeholders and investors,” said Harry Sideris, CEO. “With our economic development pipeline continuing to progress and concrete investment plans in place, we are reaffirming our long-term EPS growth rate and have confidence we will earn in the top half of the range beginning in 2028. Furthermore, as load growth materializes across our jurisdictions, we are expecting our new five-year capital plan to be between $95 and $105 billion when we refresh the plan in February, increasing the largest capital plan in the industry. As the investment needs of our utilities accelerate, customer value and affordability remain front and center. Cost management is a core competency for Duke Energy (DUK) and we focus on keeping bills as low as possible – including rates well below the national average and average changes below the rate of inflation – to ensure our 10 million customers receive the service they count on at a fair price.”