Duke Energy Corporation posted its first-quarter 2022 earnings that missed Zacks Zacks Consensus Estimate.
The electric power company’s adjusted earnings rose +3.2% from the year-ago quarter to $1.30 per share, which fell short of the Zacks Consensus Estimate of $1.34 by 3%.
Higher volumes in the Electric Utilities and Infrastructure segment, along with growth and rate case contributions in the Gas Utilities and Infrastructure segment were tailwinds for the bottom line.
Operating revenues climbed +16% year-over-year to $7,132 million, exceeding the Zacks Consensus Estimate of $6,413 million.
Revenues from the company’s regulated electric unit were up +13.7% from the year-ago quarter to $5,933 million. This segment accounted for 83.2% of total revenues for the quarter).
Revenues from the regulated natural gas business climbed +33.8% year over year to $1,002 million.
Revenues of Non-regulated Electric and Other segment generated rose +8.2% year over year to $197 million.
For 2022, Duke Energy has reaffirmed its adjusted EPS guidance of $5.30-$5.60 per share. The Zacks Consensus Estimate for 2022 is $5.48 per share. The company also affirmed its forecast of long-term earnings per share growth in the range of 5-7% through 2026.
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where DUK advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 300 cases where DUK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for DUK moved out of overbought territory on March 09, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DUK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DUK broke above its upper Bollinger Band on February 12, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. DUK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.026) is normal, around the industry mean (142.690). P/E Ratio (20.998) is within average values for comparable stocks, (19.837). Projected Growth (PEG Ratio) (2.535) is also within normal values, averaging (2.560). Dividend Yield (0.032) settles around the average of (0.047) among similar stocks. P/S Ratio (3.194) is also within normal values, averaging (72.780).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company which engages in electric power and gas distribution operations and other energy services
Industry ElectricUtilities