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June 21, 2024
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Winter Storms Reduce Duke Energy’s Q1 Earnings
But Revenues Increased Compared to a Year Ago
Duke Energy's first quarter revenues were higher than a year ago, but increased storm damage expenses reduced net earnings.
Duke Energy's first quarter revenues were higher than a year ago, but increased storm damage expenses reduced net earnings. | Duke Energy
Duke Energy's net income declined in the first quarter despite a whopping increase in sales compared to a year ago because of the costs of winter storms.
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