Duke Energy — Feb 13, 2025 release

These items were partially offset by higher interest expense, depreciation on a growing asset base and storm costs, along with a higher effective tax rate. The company is introducing 2025 adjusted EPS guidance of $6.17 to $6.42 and extending its long-term adjusted EPS growth rate of 5% to 7% through 2029 off the 2025 midpoint of $6.30. Management does not forecast reported GAAP EPS and related long-term growth rates. “Today we announced strong fourth-quarter results, closing out a year of great accomplishment,” said Lynn Good, Duke Energy chair and chief executive officer. “Duke Energy enters 2025 in a position of strength, and I’m excited about the future with Harry Sideris as its next CEO. Under his leadership, Duke Energy is well positioned to execute the next phase of our business strategy.” “I assume this new position at a pivotal point for our company and industry,” said Duke Energy President and incoming CEO Harry Sideris. “At Duke Energy, we are committed to investing in the critical infrastructure needed to support our country’s aspirations for technology leadership and economic growth. We will deliver on these goals while maintaining energy reliability, affordability and security for our customers and growing EPS 5% to 7% through 2029.” Duke Energy News Release     2 Quarterly results Duke Energy's fourth-quarter 2024 reported EPS was $1.54, compared to $1.27 for the fourth quarter of 2023. Duke Energy's fourth-quarter 2024 adjusted EPS was $1.66, compared to $1.51 for the fourth quarter of 2023. High