Duke Power Company (DUK) This fall 2024 Earnings Name Transcript


Duke Power Company (NYSE:DUK) This fall 2024 Earnings Convention Name February 13, 2025 10:00 AM ET

Company Members

Abby Motsinger – Vice President, Investor Relations
Lynn Good – Chair and Chief Govt Officer
Harry Sideris – President
Brian Savoy – Chief Monetary Officer

Convention Name Members

Shar Pourreza – Guggenheim Companions
Julien Dumoulin-Smith – Jefferies
Nicholas Campanella – Barclays
David Arcaro – Morgan Stanley
Julien Dumoulin-Smith – Jefferies
Jeremy Tonet – JPMorgan
Anthony Crowdell – Mizuho
Durgesh Chopra – Evercore ISI

Operator

Whats up and welcome to the Duke Power Fourth Quarter and Yr-Finish 2024 Earnings. My title is Elliot, I will be your coordinator as we speak. [Operator Instructions].

I’d now like handy over to Abby Motsinger, Vice President of Investor Relations. Please go forward.

Abby Motsinger

Thanks, Elliot, and good morning, everybody. Welcome to Duke Power’s fourth quarter 2024 earnings assessment and enterprise replace. Main our name as we speak is Lynn Good, Chair and CEO, together with Harry Sideris, President, and Brian Savoy, CFO.

At the moment’s dialogue will embody the usage of non-GAAP monetary measures and forward-looking data. Precise outcomes might differ from forward-looking statements resulting from components disclosed in as we speak’s supplies and in Duke Power’s SEC filings. The appendix of as we speak’s presentation consists of supplemental data, together with a reconciliation of non-GAAP monetary measures.

With that, let me flip the decision over to Lynn.

Lynn Good

Abby, thanks, and good morning, everybody.

At the moment we introduced 2024 adjusted earnings per share of $5.90, ending inside our steering vary. 2024 was a yr of nice accomplishment and, in some ways, was outlined by our response to Hurricanes Helene and Milton. We have been moved by our neighborhood’s outpouring of assist and appreciation for our work throughout these historic storms.

We additionally introduced up to date steering as we speak, together with a 2025 earnings per share vary of $6.17 to $6.42 with



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