Rochester, NY 8/7/2009 2:06:38 PM
After Hours - Duke Energy Corporation DUK, Duke Energy Corporation Stocks Decline
Duke Energy Corporation DUK
Duke Energy reported second quarter results earnings loss on lower electricity sales.
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Duke said it earned $276 million, or 21 cents a share, down from $351 million, or 28 cents a share, from a year earlier. Excluding one-time items, including losses in their fuel hedging business, Duke said they had an adjusted profit of 26 cents a share down from 27 cents, which came in one cent better than analyst estimates.
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