Before the opening bell, the Charlotte, NC-based utility company reported adjusted earnings of $1.68 per diluted share, topping analysts' estimates of $1.58 per share.
Revenue for the period was $6.82 billion, while analysts had forecast $6.93 billion.
The company sees 2016 adjusted earnings per share at the higher end of its prior outlook of $4.50 to $4.70. Analysts are looking for full-year earnings of $4.62 per share, according to FactSet.
Shares of Duke Energy closed lower on Thursday.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.
The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity.
The team believes its strengths outweigh the fact that the company has had sub par growth in net income.
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