In the latest trading session, Duke Energy (DUK) closed at $118.15, down -0.8% from the previous day. The stock outperformed the Utilities sector, which saw a loss of 0.53% and the S&P 500’s loss of 5.73%. Analysts predict an EPS of $1.60 for Duke Energy, with a 4% rise in quarterly revenue to $7.98 billion.

The Zacks Consensus Estimates project Duke Energy’s earnings at $6.32 per share and revenue at $31.72 billion for the full year, reflecting a 7.12% and 4.48% change from the previous year. Analyst estimate adjustments indicate short-term business trends, with positive changes reflecting optimism about the company’s profitability. Duke Energy currently holds a Zacks Rank of #3 (Hold).

Duke Energy is currently trading at a Forward P/E ratio of 18.83, higher than the industry’s average Forward P/E of 17.92. The stock also has a PEG ratio of 2.97, compared to the industry average of 2.66. The Utility – Electric Power industry, to which Duke Energy belongs, ranks in the top 24% of all industries, with a Zacks Industry Rank of 59.

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Read more at Nasdaq: Duke Energy (DUK) Stock Drops Despite Market Gains: Important Facts to Note