Duke Energy Corp. missed analysts’ expectations for first-quarter earnings, but the company says it still expects to hit its full-year earnings projections despite looming hits from the Covid-19 crisis.
To maintain full-year earnings, the company has introduced several 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 any…
