NRG Energy Inc (NRG), Duke Energy Corp (DUK): How It Aims to Keep Growing

Page 1 of 2

On Friday, Duke Energy Corp (NYSE:DUK) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

Duke Energy Corp (NYSE:DUK)’s merger with Progress Energy helped vault the utility into the uppermost echelon of industry players. But after such a big transaction, when will Duke see earnings start moving back in the right direction? Let’s take an early look at what’s been happening with Duke Energy Corp (NYSE:DUK) over the past quarter and what we’re likely to see in its quarterly report.

Stats on Duke Energy

Analyst EPS Estimate $1.04
Change From Year-Ago EPS (8.8%)
Revenue Estimate $5.74 billion
Change From Year-Ago Revenue 58%
Earnings Beats in Past 4 Quarters 4

Source: Yahoo! Finance.

Can Duke Energy keep cleaning up this quarter?
Analysts have reined in their views on Duke’s earnings in recent months, having cut their earnings-per-share estimates on the utility by a nickel and reducing their full-year 2013 views by $0.03 per share. But the stock hasn’t gotten hurt by those moves, as shares have risen 12% since late January.

Duke has benefited from the same trends that have helped just about every player in the business. As natural gas prices have fallen, Duke Energy Corp (NYSE:DUK) has shifted away from coal, helping it clean up its operations from an emissions standpoint as well as cutting costs. Moreover, its merger with Progress Energy made it the largest utility in the country by most measures, with the most generating capacity and the most customers, and boosted Duke Energy Corp (NYSE:DUK)’s already high exposure to the regulated utility business. That gives Duke limited but solid growth prospects, on which it plans to spend a fair-sized fraction of the roughly $6 billion in capital expenditures budgeted for the year.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!