Duke Energy reported a stronger third quarter with adjusted earnings per share rising to $1.99 from $1.81 in the prior-year period, beating analyst consensus estimates. Net income increased to $1.56 billion, while revenue grew 6.6% year over year to reach $9.1 billion, driven by higher demand for electricity and natural gas in its Southeast and Midwest territories. Following the quarterly results, management narrowed its full-year 2026 earnings outlook, lifting the lower end of its adjusted EPS range to $6.70 per share while maintaining the upper bound at $6.80. The company expects to finish the year near the top of this revised range, citing stronger customer demand and infrastructure cost recovery as primary drivers despite headwinds from higher interest expenses and taxes. Duke Energy reaffirmed its long-term growth trajectory, projecting 5% to 7% adjusted earnings growth through 2030 based on a 2025 midpoint of $6.30 per share. The utility anticipates achieving the upper half of this growth range starting in 2028, emphasizing that successful execution of infrastructure investments and sustained customer demand will be critical to meeting these future targets.