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Wesbanco Bank buys more Duke Energy shares despite the company missing earnings forecasts.
Wesbanco Bank increased its Duke Energy shares by 11,443, totaling $10.17 million in holdings.
Duke Energy missed earnings expectations, reporting $1.25 per share against a $1.29 estimate, with revenue at $7.51 billion, exceeding forecasts.
The company's executives and other investors have been selling shares, while maintaining a dividend payout ratio of 69.27%.
Duke Energy has set FY 2025 EPS guidance at 6.170-6.420.
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Wesbanco Bank compra más acciones de Duke Energy a pesar de que la compañía ha perdido las previsiones de ganancias.