Quarterly ResultMay 5, 2026, 06:08 AM
Duke Energy Q1 Reported EPS $1.97, Adjusted EPS $1.93
AI Summary
Duke Energy reported strong first-quarter 2026 financial results with reported EPS of $1.97 and adjusted EPS of $1.93, both up from $1.76 in the prior year. The improved adjusted results were driven by recovery of infrastructure investments and favorable weather, partially offset by higher O&M expenses and depreciation. The company reaffirmed its 2026 adjusted EPS guidance of $6.55 to $6.80 and its long-term adjusted EPS growth rate of 5% to 7% through 2030. Additionally, Duke Energy successfully closed $5.3 billion in strategic transactions and secured 7.6 GW of economic development projects.
Key Highlights
- Q1 2026 reported EPS: $1.97, up from $1.76 in Q1 2025.
- Q1 2026 adjusted EPS: $1.93, up from $1.76 in Q1 2025.
- Electric Utilities adjusted segment income: $1,404 million, up $0.16/share YoY.
- Gas Utilities adjusted segment income: $361 million, up $0.01/share YoY.
- Reaffirms 2026 adjusted EPS guidance: $6.55 to $6.80.
- Long-term adjusted EPS growth rate: 5-7% through 2030.
- Successfully closed $5.3 billion in strategic transactions.
- Secured 7.6 GW of economic development projects.