Power holding firm Duke Power (NYSE: DUK) introduced monetary outcomes for the primary quarter of 2025, reporting a rise in income and adjusted earnings.
- Complete working revenues elevated to $8.25 billion within the first quarter from $7.67 billion within the prior yr quarter, reflecting development throughout electrical and fuel utilities
- Electrical Utilities and Infrastructure section revenue was $1.28 billion, in comparison with $1.02 billion within the first quarter of 2024
- Fuel Utilities and Infrastructure section revenue elevated to $349 million in Q1 from $284 million within the year-ago quarter
- Complete web revenue was $1.37 billion or $1.76 per share in Q1, vs. 1.1 billion or $1.44 per share a yr earlier
- On an adjusted foundation, earnings rose to $1.77 per share within the March quarter from $1.44 per share in Q1 FY24
- The administration reaffirmed its FY25 adjusted EPS steerage vary of $6.17 to $6.42 and long-term adjusted EPS development fee of 5% to 7% by means of 2029, primarily based on the 2025 midpoint of $6.30
