From Barchart: 2024-11-01 11:14:00

Dominion Energy (NYSE:D) saw a 2% stock increase after third-quarter earnings surpassed analyst expectations but missed revenue forecasts. Adjusted earnings per share reached $0.98, beating the projected $0.93, while revenue fell short at $3.94 billion compared to the $4.18 billion consensus.

CEO Robert M. Blue announced Dominion’s adjusted full-year 2024 operating earnings guidance between $2.68 to $2.83 per share, in line with the analyst projection of $2.77. The company emphasizes its regulated investment strategy to enhance customer service and operational stability.

Dominion Energy Virginia experienced a significant rise in operating earnings, reaching $662 million from $535 million the previous year, attributed to rider equity returns and nuclear production tax credits. The company also maintained its 2025 earnings guidance at $3.25 to $3.54 per share.



Read more at Barchart:: Dominion Energy Reports Mixed Q3 Results and Narro…