Duke Energy Reports Q3 Adjusted EPS of $1.99, Narrows 2026 Guidance
Duke Energy’s Q3 adjusted EPS of $1.99 exceeded the $1.86 consensus. It narrowed its 2026 EPS guidance to $6.70–$6.80 and secured approval to reduce Florida residential bills by $33 in January and an additional $10 in March 2027.
Duke Energy Corporation reported third-quarter adjusted earnings per share (EPS) of $1.99, exceeding the consensus estimate of $1.86. The company narrowed its full-year 2026 EPS guidance to a range of $6.70—$6.80. Additionally, the company secured regulatory approval to reduce Florida electricity rates in 2027, with typical residential bills expected to decrease by $33 in January and an additional $10 in March. Duke Energy also announced that Brookfield will accelerate $1 billion of its minority investment in Duke Energy Florida to December 2026, a move intended to reduce the holding company's financing requirements.
The company noted its strongest quarterly electricity-demand growth since 2022 and expects continued load growth of 3%—4% through its five-year plan.