Duke Energy Misses Q3 Earnings Expectations, Storm Costs Weigh on Results

Duke Energy Corporation (DUK) reported lower-than-expected third-quarter earnings, impacted by increased operational and storm-related costs. The company’s Electric Utilities and Infrastructure segment saw a decline in adjusted segment income, while the Gas Utilities and Infrastructure segment reported an adjusted loss. Despite these challenges, Duke Energy reaffirmed its full-year earnings outlook and long-term growth targets.

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