BUZZ-Duke Energy gains after upbeat first quarter results

Reuters05-06

** Shares of U.S. utility Duke Energy DUK.N rise 1.6% to $122.68

** Company beats expectations for Q1 profit and revenue helped by higher electricity rates, retail sales and a colder winter

** DUK posts Q1 adjusted profit of $1.76 per share vs estimate of $1.60 per share - data compiled by LSEG

** Company posts quarterly revenue of $8.25 billion, also beating estimates of $8.06 billion

** Reports adjusted earnings from its electric utilities segment in Q1 of $1.28 billion compared with $1.02 billion, a year earlier

** Including session's moves, shares up 13.8% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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