Duke Energy’s Profit Beats as Higher Power Demand Offsets Rising Expenses

By Pranav Mathur Aug 4 (Reuters) – Utility Duke Energy (DUK.N) beat Wall Street estimates for second-quarter profit on Tuesday, as higher ​electricity demand and recovery of rate-based infrastructure investments offset ‌rising expenses. The Charlotte, North Carolina-based company posted an adjusted profit of $1.43 per share for the three months ended June 30, compared with … Read more