Duke Energy: Q3 Earnings Snapshot

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Duke Energy Corp. (DUK) on Thursday reported third-quarter profit of $1.42 billion.

The Charlotte, North Carolina-based company said it had net income of $1.81 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.

The electric utility posted revenue of $8.54 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $8.42 billion.

Duke Energy expects full-year earnings in the range of $6.25 to $6.35 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DUK at https://www.zacks.com/ap/DUK