NEW YORK (TheStreet) -- Shares of Duke Energy (DUK - Get Report) were declining in midday trading on Wednesday ahead of the company's 2016 second quarter results due out before tomorrow's market open.

Analysts are expecting earnings and revenue to rise year-over-year.

Wall Street is projecting that the Charlotte, NC-based electric power holding company will post earnings of $1.01 per share on revenue of $5.67 billion.

Last year, Duke Energy said it had adjusted earnings of 95 cents per share on revenue of $5.59 billion.

The company delivers and supplies energy to about 7.4 million U.S. customers.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of A on the stock.

The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance and notable return on equity.

The team believes its strengths outweigh the fact that the company has had generally high debt management risk by most measures that were evaluated.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: DUK