Duke Energy Corporation (Holding Company)

by pressing star followed by one on your telephone keypad. I will now hand you over to your host, Abby Mosinger, Vice President of Investor Relations at Duke Energy. Please go ahead, Abby.

Thank you, Felicia, and good morning, everyone. Welcome to Duke Energy's second quarter 2024 earnings review and business update. Leading our call today is Lynn Good, Chair and CEO, along with Harry Sedaris, President, and Brian Savoy, CFO. Today's discussion will include the use of non-GAAP financial measures and forward-looking information. Actual results may differ from forward-looking statements due to factors disclosed in today's materials and in Duke Energy's SEC filings. The appendix of today's presentation include supplemental information along with a reconciliation of non-GAAP financial measures. With that, let me turn the call over to Lynn. Thank you. Good morning, everyone.

Before I begin, I'd like to take a moment and recognize the work of our team responding to Hurricane Debbie. The storm made landfall in Florida yesterday morning and caused outages for about 330,000 customers. We had crews in position over the weekend, and our teams are working around the clock to restore power. As of this morning, we've restored 90% of our impacted customers. Based on its current track, we expect the storm to impact the eastern and central parts of the Carolinas later this week. Along with tropical storm force winds, the system is bringing heavy rains. We're staging crews and implementing flood mitigation plans. to be able to safely and quickly respond to expected customer outages. Now let me turn to our second quarter results and the significant progress we're making across the company. Our simplified, fully regulated portfolio of Southeast and Midwestern utilities, combined with our strong track record of constructive regulatory outcomes, positions us well to deliver long-term value for shareholders. We have clear growth visibility driven by our $73 billion capital plan, which is focused on grid and generation investments to support the growing communities we serve. In a moment, Harry will provide an update on recent regulatory activity and operational highlights from across the business. And later in the call, Brian will walk through detailed financial results and our long-term sales outlook. But let me begin with the results for the quarter. Turning to slide five, today we announced adjusted earnings per share of $1.18, building on our strong start to the year. These results are 27 cents above last year, driven by growth across our electric utilities and improved weather. We continue to deliver consistent outcomes, carrying positive momentum into the back half of the year. We are reaffirming our 2024 guidance range of 585 to 610, We are also reaffirming our long-term EPS growth rate of 5% to 7% through 2028, based off a 598 midpoint for 2024. With that, I'd like to hand the call over to Harry.