Duke EnergyNYSE: DUK

22 Florida nonprofits received funding to support ongoing recovery efforts Giving for disaster preparedness and relief in Florida tops $900,000 for the year ST. PETERSBURG, Fla.

Duke Energy has launched the Duke Energy + Electrada Fleet Mobility Microgrid in Mount Holly, which is a unique center for electrifying commercial and public electric fleet vehicles. This partnership with Electrada offers support for fleets looking to switch to electric, focusing on interoperability, power flexibility, and reliability. The new facility was announced on November 21, 2024.

Ten organizations in Florida are getting financial support to help improve the state's ecosystem. In the last five years, the Duke Energy Foundation has contributed over $3 million to projects focused on environmental resilience and disaster recovery in Florida. This funding aims to strengthen the region's ability to handle environmental challenges.

Investors should closely monitor Duke Energy (DUK) stock due to recent changes in the options market.

Intelligent, self-repairing systems in Florida managed to save over 300 million minutes of outage time during the recent hurricanes. This was reported from St. Petersburg, Florida.

Duke Energy Corporation (NYSE:DUK) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 10:00 AM ET. The call will feature company leaders including Abby Motsinger, Lynn Good, Harry Sideris, and Brian Savoy, along with participants from various financial firms. The operator, Felicia, will welcome everyone to the call.

Duke Energy plans to add take-or-pay clauses in its contracts for two new gigawatts of data centers in the U.S. within its area. The utility is still finalizing the details of its power agreements with these companies, according to Duke's chief financial officer, who spoke to Reuters on Thursday.

Duke Energy (DUK) reported quarterly earnings of $1.62 per share, which is lower than the Zacks Consensus Estimate of $1.73 per share. This is a decrease compared to earnings of $1.94 per share from the same period last year.

Duke Energy Corp (NYSE:DUK) did not meet earnings expectations due to estimated restoration costs of $2.4 billion to $2.9 billion from damage caused by three hurricanes, including Helene and Milton. The company, which provides power to 8.4 million customers across North and South Carolina, Florida, Indiana, Ohio, and Kentucky, experienced 5.5 million power outages as a result of the hurricanes affecting transmission lines and other infrastructure.