Dominion Energy Inc. (D) delivered third-quarter 2025 operating earnings of $1.06 per share, which beat the Zacks Consensus Estimate of 93 cents by nearly 14%. The bottom line increased 8.16% from the year-ago quarter's level. GAAP earnings were $1.16 per share compared with $1.09 in the year-ago quarter. The differences between GAAP and operating earnings for the period include gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities and other adjustment ...

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Dominion Energy (NYSE:D) Q3 2025 Earnings Call October 31, 2025 11:00 AM ET Speaker2Good morning, everyone. Welcome to the Dominion Energy Q3 2025 earnings conference call. At this time, each of your lines is in a listen-only mode. At the conclusion of today's presentation, we will open the floor for questions. Instructions will be given for the procedure to follow if you would like to ask a question at that time. I would now like to turn the call over to Mr. David McFarland, Vice President, Investor Relati ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) | Commission File I.R.S. Employer | | Exact name of registrants as specified in their charters, address of | | | | --- | --- | --- | --- | --- | | Numb ...

Financial Performance & Guidance - Dominion Energy's Q3 2025 operating earnings per share was $1.06, which includes $0.03 of RNG 45Z income and $0.06 of unfavorable weather impact[8] - The company reaffirmed its 2025 operating earnings per share guidance at a midpoint of $3.40, with a narrowed range of $3.33 to $3.48[8] - Long-term operating EPS growth rate is projected at 5%-7% off 2025 operating EPS excluding RNG 45Z income ($3.30)[8] - The 2025 dividend is expected to be $2.67 per share[8] Capital Investment & Financing - The 2025-2029 capital investment plan is approximately $50 billion and will be updated on the Q4 call[8] - Dominion Energy expects $5.5-$8.0 billion in consolidated fixed income activities for 2025, with $8.7 billion already issued year-to-date[10] - The company has issued $1.0 billion of common equity through the At-the-Market (ATM) program in 2025 and $1.3 billion for 2026-2027[11] Coastal Virginia Offshore Wind (CVOW) Project - The CVOW project is approximately 66% complete and remains on schedule for first electricity delivery in Q1 2026 and full completion by the end of 2026[16, 17] - The current capital budget for CVOW is $11.2 billion, including $443 million of actual/estimated tariffs[22] - Project-to-date investment in CVOW as of September 30, 2025, is approximately $8.2 billion, with remaining project costs of approximately $3.0 billion[22] Data Center Growth - Data center contracted capacity has increased by approximately 7 GW or 17% since December 2024, reaching approximately 47.1 GW in September 2025[33]

Dominion Energy, Inc. (NYSE:D) delivered a robust performance in the third quarter of 2025, with both adjusted earnings and revenue comfortably surpassing consensus expectations, underscoring the company’s operational resilience and strategic execution. • D is showing upward bias. Follow the breaking news here.The company announced operating earnings (non-GAAP) of $1.06 per share, beating the consensus estimate of 95 cents and up from 98 cents per share in the same quarter of 2024.Total operating revenue re ...

Dominion Energy (D) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.98%. A quarter ago, it was expected that this energy company would post earnings of $0.69 per share when it actually produced earnings of $0.75, delivering a surprise of +8.7%.Over the last four quarters, the comp ...

Financial Performance - Third-quarter 2025 GAAP net income was $1.0 billion ($1.16 per share), an increase from $934 million ($1.09 per share) in Q3 2024, representing a 7.1% year-over-year growth in net income [2][9]. - Operating earnings (non-GAAP) for Q3 2025 were $921 million ($1.06 per share), up from $836 million ($0.98 per share) in Q3 2024, reflecting a 10.2% increase [3][9]. - Operating revenue for Q3 2025 was $4.527 billion, compared to $3.941 billion in Q3 2024, marking a 14.9% increase [16]. - Total operating expenses for Q3 2025 were $3.188 billion, up from $2.723 billion in Q3 2024, indicating a 17.1% increase [16]. - Income from operations for Q3 2025 was $1.339 billion, compared to $1.218 billion in Q3 2024, reflecting a 9.9% increase [16]. - Net income attributable to Dominion Energy for Q3 2025 was $1.006 billion, compared to $934 million in Q3 2024, a 7.7% increase [16]. - Reported earnings for Q3 2025 were $1,006 million, an increase of $72 million (7.7%) compared to Q3 2024's $934 million [18]. - Operating earnings (non-GAAP) for Q3 2025 reached $921 million, up $85 million (10.2%) from $836 million in Q3 2024 [18]. - Earnings per share (EPS) for reported earnings in Q3 2025 was $1.16, a rise of $0.07 (6.4%) from $1.09 in Q3 2024 [18]. - Operating EPS for Q3 2025 was $1.06, an increase of $0.08 (8.2%) compared to $0.98 in Q3 2024 [18]. Segment Performance - Dominion Energy Virginia segment reported operating earnings of $679 million, up $17 million (2.6%) year-over-year [18]. - Dominion Energy South Carolina segment saw operating earnings increase by $21 million (14.3%) to $168 million in Q3 2025 [18]. - Contracted Energy segment reported a significant increase in operating earnings, rising by $82 million (98.8%) to $165 million [18]. Guidance and Future Outlook - The company narrowed its full-year 2025 operating earnings guidance to a range of $3.33 to $3.48 per share, maintaining the original midpoint of $3.40 per share [5][9]. - Dominion Energy expects to achieve or exceed the midpoint of its guidance range assuming normal weather conditions for the remainder of the year [5]. - Long-term operating earnings per share growth guidance is reaffirmed at 5% to 7% through 2029, based on a 2025 operating earnings per share midpoint of $3.30 [5]. - The company anticipates continued growth in operating earnings driven by strategic investments and market expansion initiatives [18]. Shareholder Information - Average shares outstanding, diluted, increased to 855.4 million in Q3 2025 from 839.3 million in Q3 2024 [16]. - Total common shares outstanding (average, diluted) increased to 855.4 million in Q3 2025 from 839.3 million in Q3 2024 [18]. Other Financial Metrics - The company reported a pre-tax loss of $146 million in Q3 2025, an improvement of $4 million from a loss of $150 million in Q3 2024 [18]. - Customer usage and other factors contributed an increase of $54 million, or $0.06 per share, for the three months ended September 30, 2025 [33]. - Rider equity return added $135 million, or $0.16 per share, for the three months ended September 30, 2025 [33]. - Change in contribution to operating earnings from Dominion Energy South Carolina was $21 million, or $0.02 per share, for the three months ended September 30, 2025 [33]. - Renewable energy investment tax credits contributed $41 million, or $0.05 per share, for the three months ended September 30, 2025 [33]. - Interest expense, net, decreased by $29 million, or $0.03 per share, for the three months ended September 30, 2025 [33]. - The overall change in consolidated operating earnings (non-GAAP) for the nine months ended September 30, 2025, was an increase of $485 million, or $0.55 per share, compared to the same period in 2024 [33]. - The company reported a total increase in consolidated reported earnings of $531 million, or $0.62 per share, for the nine months ended September 30, 2025 [33]. - The impact from renewable natural gas facilities was $25 million for the quarter and $36 million year-to-date [34].

Differences between GAAP and operating earnings for the period include gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities and other adjustments. Details of operating earnings as compared to prior periods, business segment results and detailed descriptions of items included in reported earnings but excluded from operating earnings can be found on Schedules 1, 2, 3, and 4 of this release. Share RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NY ...

Core Insights - Dominion Energy is a leading utility company focusing on electricity and natural gas distribution, with a growing emphasis on renewable energy [1] - The consensus price target for Dominion Energy has increased from $64 to $66.6 over the past year, indicating a cautiously optimistic outlook from analysts [1] - Morgan Stanley has set an ambitious price target of $94, reflecting positive sentiment towards the company's strategic initiatives in renewable energy [2] Financial Performance - Dominion Energy's recent financial performance has shown stability, contributing to the slight increase in the price target [2] - The company's expansion into the renewable energy sector aligns with the rising demand for sustainable energy solutions, influencing analysts' positive projections for future growth [2] Regulatory Environment - Regulatory changes significantly impact Dominion Energy's stock target prices, with positive developments potentially bolstering the stock's target price [3] - Analysts maintain a cautiously optimistic stance on the company's future, influenced by the regulatory landscape [3] Challenges and Earnings Outlook - Dominion Energy faces challenges, including anticipated higher costs that may affect its regulated earnings [4] - The company is expected to announce third-quarter earnings with revenue growth anticipated, but Morgan Stanley predicts a decline in earnings due to a lack of key factors for an earnings beat [4] Strategic Focus - The company is concentrating on regulated electricity operations in Virginia and South Carolina as part of its turnaround strategy [5] - The Coastal Virginia Offshore Windfarm project is progressing on schedule and within budget, highlighting the company's commitment to renewable energy [5] - Despite a stable 4.4% dividend yield, dividend growth is not expected until 2028, contrasting with peers like Duke Energy and Southern Company [5]