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Investing / Trading

Duke Energy (DUK) Down by 6%, Can it Bounce Back?



It has been a month ago since Duke Energy Corporation reported their earnings. During this period, the company lost around 6%. Does this loss mean a possible high in the near future or it is a warning for a possible breakout?

While we make our own conclusion on the recent figures that the company is giving us, it still bests that we look into the most recent earnings of Duke Energy so we can weigh things accurately and properly decide our next possible move.

Q1 of Duke Caused by Favorable Weather

Zacks Consensus’ estimates of the earnings of Duke Energy Corporation have been beaten by its actual earnings of $1.28 per share. Accordingly, this is caused by the normalization of the weather condition and the increase of investments in electric and gas utilities.

Total Revenues

Duke Energy’s earnings for the first quarter is 7.1% higher than the first quarter of 2017 with its $6.14 billion total operating revenue with $5.3 billion coming from electric unit revenues, $0.7 billion from regulated natural gas and $0.15 billion from non-regulated electric revenues.

Segmental Highlights of the Quarter

Electric Utilities and Infrastructure

Lower expenses in income tax, as well as operation and maintenance expenses, have caused the adjusted income of the company to rise at $816 million for the first quarter of this year. Also, the good weather and the high retail revenues also added to this increase.

Gas Utilities and Infrastructure

The $158 million adjusted earnings of the company were driven by the growth in the number of customers and the increase of investments.

Commercial Renewables

The $20 million adjusted earnings of the company for this quarter has made the company decide to lower wind resource in the future as it lower than the reported earnings in the first quarter of the year ago which is amounting to $25 million.


The corporate internet expenses have resulted from Duke Energy’s captive insurance and other investments. Also, the adjusted net expenses of Duke this year’s first quarter reached $95 million from $67 million last year.

Financial Condition

Duke Energy had a cash and cash equivalents of $421 million as of March 31, 2018. Its long-term debt is at $49 billion which is almost the same amount with the long-term debt of the previous year.  This year’s first quarter has a net cash of $1,391 million.

Estimate Movements and Guidance

Analysts and investors have witnessed a downtrend in fresh estimates and it also continues its expectations of hitting adjusted earnings of $4.55 to $4.85 per share.

VGM Scores

Currently, DUK has a Growth Score of D, however, its momentum has a lot better performance as it has a score of B.  On the value side, it has a grade of C making it on the middle 20% for investment strategy.  Overall, it has a VGM Score of C making it one of the best stocks to focus on for those who aren’t focused on one strategy.

This stock is more suitable for momentum investors rather than value-hunting investors.


The figures have been showing a downward trending for this stock. However, we are still positive that it will have a shift in the following months and expects an above average return.


This article was written by @valerie15 and edited by @flashfiction. This article can be found on PROFITRIBES.

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First what’s a stock buyback?

A stock buyback is simply when a public traded company buys shares back from the open market.

It is common for businesses to buy back shares for several reasons

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  • Boost earnings before and upcoming report.
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In the past year it has been very common for companies to buy back shares. this is often helpful in rewarding investors.

Buffet knows something you dont!

Berkshire Hathaway is a company owned by Warren Buffett who is know for buying stake in companies he believes will grow in value with time. This time they arent buying shares of other companies but are investing in itself with approximately $1 billion worth of stock buybacks.

You may be wondering why Berkshire Hathaway is buying back shares? Well, after a decade long bull market in the USA coupled with increasing stock prices(potentially in bubble teritory now), Buffett thinks a buyback make sense because there is little percieved value anywhere else. The strategy must be working berkshire reported profits increased 351% to $18.5 billion this past year. Buffets style of value investing is known as one of the best in the industry and making Buffett one of the richest men in the world with a worth of about $90 billion.

Be like Warren buffet and start making valuebuys over on the Stash App, here is $5 for free to get started

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Euro to replace the dollar?




there is a probability

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Can cryptocurrency survive a gobal financial crisis?




Is cryptocurrency a hedge against economic downturns?

The answer to this question is quite controversial, some would say yes because this is what crypto was made for; while others would chime that crypto is unproven in a downturn and will need to survive its first one before we can feel at ease about its survivability. Much of your perception on whether bitcoin and cryptocurrency in general will survive aneconomic crisis, is based on where you stand about cryptocurrency in general. Today we will talk about the possible survivability of cryptocurency in a crisis.

Is Venezuela a test case

Right now in Aouth America there are several financial crises transpiring that may create possible examples of how crypto will fare in a financial storm. In venezuela reports are coing out that many people are choosing to use cryptocurrency to pay for life expenses. The national government under President Maduro have begun to implement their own state backed cryptocurrency called the petro. The Petro is an asset pegged to the price of a barrel of oil and the Venezuelan government hopes it will help them escape dollar tyrany. Hyperinflation has taken its toll on Venezuelans but many of them were informed enough to seek financial refuge with cryptocurrencies. This is a great example of how when value leaves fiat the holders will seek to run to other assets to store value; that exodus now has cryptocurrency as an outlet for the fleeing fiat users.

We may see a big example soon enough

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