Duke Energy posts third quarter 2013 results

CHARLOTTE, N.C. – Duke Energy today announced third quarter 2013 adjusted diluted EPS of $1.46, compared to $1.47 for the third quarter of 2012. Reported diluted EPS for the third quarter 2013 was $1.42, compared to $0.85 for the same period last year.

Reported results include special items that are excluded from the company’s adjusted diluted EPS results. In the company’s regulated businesses, revised customer rates, increased weather normalized retail volumes and wholesale net margins were partially offset by unfavorable weather and higher depreciation and amortization expense during the third quarter of 2013.

“Our third quarter results were supported by the constructive regulatory outcomes we achieved this year,” said President and CEO Lynn Good. “As a result, we are narrowing our 2013 adjusted diluted EPS guidance range to $4.25 to $4.45.