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Duke Energy: 4Q Earnings Snapshot

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CHARLOTTE, N.C. (AP) _ Duke Energy Corp. (DUK) on Thursday reported a fourth-quarter loss of $63 million, after reporting a profit in the same period a year earlier.

The Charlotte, North Carolina-based company said it had a loss of 12 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.03 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The electric utility posted revenue of $5.78 billion in the period.

For the year, the company reported profit of $1.38 billion, or $1.72 per share. Revenue was reported as $23.87 billion.

Duke Energy expects full-year earnings in the range of $5 to $5.30 per share.

Duke Energy shares have increased slightly more than 2% since the beginning of the year, while the Standard & Poor's 500 index has increased 4%. The stock has declined nearly 3% in the last 12 months.

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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