Duke Energy Corp. reported first-quarter 2025 earnings that surpassed analyst expectations, with adjusted earnings per share (EPS) of $1.76, compared to $1.44 in the first quarter of 2024 and above the consensus estimate of $1.60. The company's total operating revenues reached $8.25 billion, beating the consensus estimate of $8.06 billion. The strong performance was attributed to higher retail sales volumes, implementation of new rates and riders, and favorable weather conditions, including colder weather. Duke Energy serves 8.2 million electric utility customers across several states. The company reaffirmed its 2025 adjusted EPS guidance range of $6.17 to $6.42 and a long-term adjusted EPS growth rate of 5% to 7% through 2029. Duke Energy's President and CEO, Harry Sideris, highlighted the company's strong fundamentals and its readiness to meet growing energy demands, including those driven by the AI sector and the AI boom. The utility sector is preparing for increased electricity needs, with Duke Energy noting significant demand from data centers.