Duke Energy (DUK) Q2 FY25 earnings call

Duke Energy reported strong Q2 FY25 adjusted EPS, driven by new rates and operational performance. Strategic transactions, including a $6 billion minority investment in its Florida business and a $2.5 billion LDC sale, significantly bolster the balance sheet and enable an increased FFO to debt target of 15%. These moves, coupled with supportive legislative outcomes and robust economic development, position the company to confidently deliver its long-term EPS growth target, particularly in the latter years of its plan.