Duke Energy Q4 revenue and adjusted EPS beat estimates

Overview

• Energy holding company's Q4 revenue beat analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company's results driven by recovery of infrastructure investments

Outlook

• Duke Energy introduces 2026 adjusted EPS guidance of $6.55 to $6.80

• Company extends long-term adjusted EPS growth rate of 5% to 7% through 2030

• Duke Energy highlights contracted demand from AI and advanced manufacturing

Result Drivers

• HIGHER COSTS - Increased operational and maintenance costs, interest expenses, and depreciation on a growing asset base impacted results

• INFRASTRUCTURE RECOVERY - Recovery of infrastructure investments partially offset higher costs

• TAX RATE INCREASE - Higher effective tax rate due to absence of prior year tax benefits

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the electric utilities peer group is "buy"

• Wall Street's median 12-month price target for Duke Energy Corp is $131.50, about 8% above its February 9 closing price of $121.72

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

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