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Duke Energy reported that fourth-quarter income grew 23% to $427 million, or 32 cents a share, from $346 million, or 26 cents a share, a year earlier. On an adjusted basis, Duke, a power company, reported earnings of 21 cents a share. Operating revenue increased about 11% to $3.45 billion from $3.11 billion. Analysts, on average, expected earnings of 23 cents a share on revenue of $3.16 billion. There were no pemarket quotes for Duke. The stock fell 1.1% to $17.70 at the market close Wednesday.
Gold producer Barrick Gold said fourth-quarter adjusted net income rose 57% to $947 million, or 95 cents a share, from $604 million, or 61 cents a share, last year. Sales increased about 25% to $2.95 billion from $2.36 billion. Analysts, on average, had been targeting earnings of 84 cents a share on revenue of $2.74 billion. Shares of the company rose 1.6% to $50.50 during premarket trading Thursday.
Graphics chip maker Nvidia reported a strong quarterly profit performance and outlook, but the shares were dipping into the red. The stock fell 3.6% to $22.55 during premarket trading Thursday.
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