Duke Energy Corp. missed analysts’ expectations for first-quarter earnings, but the company says it still expects to hit its full-year earnings numbers despite coming hits caused by the Covid-19 crisis.
To maintain full-year earnings, the company has introduced a number of cost-saving measures, says Chief Financial Officer Steve Young. They include a hiring freeze, reduced contractor costs, curtailing overtime and more efficiently scheduling plant outages. For now, those measures do not include…
