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News Release Media Contact : Meredith Archie 24 - Hour : 800.559.3853 Analyst Contact : Jack Sullivan Office : 980.373.3564 November 4 , 2021 $ DUKE ENERGY® Duke Energy reports third - quarter 2021 financial results Third - quarter 2021 reported EPS of $ 1.79 and adjusted EPS of $ 1.88 Results driven by continued strength in Electric Utilities and Infrastructure North Carolina clean energy legislation establishes state's carbon reduction goal of 70 % by 2030 , introduces modernized ratemaking tools Company narrows 2021 adjusted EPS guidance range to $ 5.15 to $ 5.30 and reaffirms long - term adjusted EPS growth rate of 5 % to 7 % through 2025 CHARLOTTE , N.C. – Duke Energy ( NYSE : DUK ) today announced third - quarter 2021 reported EPS of $ 1.79 , prepared in accordance with Generally Accepted Accounting Principles ( GAAP ) , and adjusted EPS of $ 1.88 . This is compared to reported EPS of $ 1.74 and adjusted EPS of $ 1.87 for the third quarter of 2020 . Adjusted EPS excludes the impact of certain items that are included in reported EPS . The difference between the third - quarter 2021 reported and adjusted EPS is due to an impairment charge related to the 2018 South Carolina rate cases , Coal Combustion Residuals Settlement Agreement ( " CCR Settlement Agreement " ) and insurance proceeds , workplace and workforce realignment costs and exit obligations from gas pipeline investments . Higher third - quarter 2021 adjusted results were led by growth in Electric Utilities and Infrastructure from rate case contributions and higher volumes . These items were partially offset by higher O & M expenses and share dilution . " We delivered strong results in the third quarter and continue to execute on our clean energy strategy in a way that provides sustainable value to our customers , communities and shareholders , " said Lynn Good , Duke Energy chair , president and chief executive officer . " Our net - zero emission goals are driving our investment strategy , long - term planning and operational execution and we are making significant progress on all fronts . Over the next decade , we have one of the largest growth capital investment plans in the country to build the infrastructure needed to support a clean energy future . " " We are well - positioned to deliver results within our narrowed guidance range of $ 5.15 to $ 5.30 , and reaffirm our long - term EPS growth rate of 5 % to 7 % through 2025 , based off our original 2021 guidance range . "