On Friday, Duke Energy reported third-quarter earnings that missed forecasts. On the contrary, revenue topped expectations. Reportedly, Duke Energy announced EPS (Earnings per share) of USD 1.78 on revenue of USD 7.97B. Analysts anticipated EPS of USD 1.88 on revenue of USD 7.36B.

From the start of the year, the company’s shares are down 11 per cent. Notable, Duke Energy shares were 52-week high in April at USD 116.33. The company’s competitor NextEra Energy reported EPS of USD 0.85 on revenue of USD 6.72B.

Established by James Buchanan Duke and Benjamin Newton Duke in 1904, Duke Energy Corporation is a Charlotte-based electric power and natural gas holding company. The company serves Kentucky, Indiana, North and South Carolina, Florida, Puerto Rico etc.