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Duke Energy’s Q2 2018 Profit Sinks as Expenses Rise

Vincent Kruger
Duke Energy’s Q2 2018 Profit Sinks as Expenses Rise

Duke Energy (DUK), the second largest utility by market cap, reported its second-quarter earnings results on August 2. It reported adjusted EPS of $0.93 in the quarter, missing analysts’ consensus estimate. In the same quarter last year, Duke Energy reported EPS of $1.01.