Dominion Energy Inc. (NYSE: D) reported net income of $760 million or 88 cents per share for the second quarter, up from $563 million or 64 cents per share in 2024. Adjusted earnings per share of 75 cents surpassed the consensus estimate of 72 cents. Operating revenue rose 9.3% year-over-year to $3.81 billion but missed the $3.86 billion estimate.

Dominion Energy’s regulated business segments drove growth, with Dominion Energy Virginia’s adjusted operating earnings increasing to $549 million from $485 million. Dominion Energy South Carolina also saw a significant rise to $109 million from $69 million. However, the Contracted Energy segment’s adjusted operating earnings fell to $47 million from $100 million due to planned outages at the Millstone power station.

The company affirmed its full-year 2025 adjusted earnings guidance of $3.28 to $3.52 per share, consistent with the consensus estimate of $3.39. D shares were trading higher by 3.49% at $60.49. Dominion Energy’s strong performance was driven by its regulated business segments, offsetting declines in the Contracted Energy segment due to planned outages.

Read more at Yahoo Finance: Dominion Energy Maintains Outlook As Regulated Segments Drive Growth