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Duke Energy Slides on Mixed Q4 Results

When Duke Energy Corp. (NYSE: DUK) reported its most recent quarterly results before the markets opened on Tuesday, the utility giant posted $ 0.94 in earnings per share (EPS) on $ 5.85 billion in revenue. Consensus estimates from Thomson Reuters had called for $ 0.92 per share and $ 6.17 billion. In the fourth quarter of last year, it said it had EPS of $ 0.81 on $ 4.82 billion in revenue.

The company reported its segments as follows:

  • Electric Utilities and Infrastructure recognized fourth-quarter 2017 segment income of $ 826 million, compared to $ 483 million in the fourth quarter of 2016.
  • Gas Utilities and Infrastructure recognized segment i…
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