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Power holding firm Duke Power (NYSE: DUK) on Tuesday reported monetary outcomes for the second quarter of 2023, reporting a decline in adjusted earnings.
- The corporate reported a loss per share of $0.32 for the June quarter, on an unadjusted foundation, vs. earnings of $1.14 per share final yr
- On an adjusted foundation, it was a revenue of $0.91 per share, which is decrease than the $1.09/share earnings reported in Q2 2022
- Whole working revenues remained broadly unchanged at $6.58 billion
- The administration reaffirmed its adjusted EPS steerage vary of $5.55 to $5.75 for fiscal 2023
- It additionally confirmed the long-term adjusted EPS development charge of 5-7% via 2027, off the 2023 midpoint of $5.65
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