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Dominion Energy (D) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-01 22:31
For the quarter ended September 2024, Dominion Energy (D) reported revenue of $3.94 billion, up 3.4% over the same period last year. EPS came in at $0.98, compared to $0.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.09 billion, representing a surprise of -3.60%. The company delivered an EPS surprise of +6.52%, with the consensus EPS estimate being $0.92.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Dominion Energy(D) - 2024 Q3 - Earnings Call Transcript
2024-11-01 18:09
Dominion Energy, Inc. (NYSE:D) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants David McFarland - VP, IR and Treasurer Robert Blue - Chair, President and CEO Steven Ridge - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Ross Fowler - Bank of America Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Operator Welcome to the Dominion Energy Third Quarter Earnings Conference Call. At this t ...
Dominion's Q3 Earnings Beat Estimates on Lower Operating Expenses
ZACKS· 2024-11-01 17:31
Dominion Energy Inc. (D) delivered third-quarter 2024 operating earnings of 98 cents per share, which surpassed the Zacks Consensus Estimate of 92 cents by 6.5%. The metric increased 27.3% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.GAAP earnings were $1.12 per share compared with 16 cents in the year-ago quarter.The difference between GAAP and operating earnings for the period includes gains and losses on nuclear decommissioning trust funds, mark-to-ma ...
Dominion Energy Successfully Completes First Monopile Installation Season for On-Time and On-Budget Coastal Virginia Offshore Wind
Prnewswire· 2024-11-01 15:00
Exceeded initial objectives with 78 monopile foundations and 4 offshore substation foundations safely installed since May 22 Second installation season begins May 2025 CVOW is fully permitted by state and federal authorities, remains on-budget and on schedule to complete construction in late 2026RICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy announced today that 78 monopile foundations and 4 offshore substation foundations were installed for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVO ...
Dominion Energy(D) - 2024 Q3 - Quarterly Report
2024-11-01 14:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 120 Tredegar Street Richmond, Virginia 23219 (804) 819-2284 State or other jurisdiction of incorporation or organization of the registrants: Virginia Securities registered pursuant to S ...
Dominion Energy(D) - 2024 Q3 - Earnings Call Presentation
2024-11-01 13:50
Powering Your Every Day." Q3 2024 earnings call November 1, 2024 Important note for investors This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Dominion Energy. The statements relate to, among other things, expectations, estimates and projections concerning the business and operations of Dominion Energy. We have used the words "path", "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan ...
Dominion Energy (D) Tops Q3 Earnings Estimates
ZACKS· 2024-11-01 13:41
Dominion Energy (D) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.52%. A quarter ago, it was expected that this energy company would post earnings of $0.58 per share when it actually produced earnings of $0.55, delivering a surprise of -5.17%.Over the last four quarters, the compa ...
Dominion Energy(D) - 2024 Q3 - Quarterly Results
2024-11-01 11:32
Exhibit 99 NEWS RELEASE November 1, 2024 Dominion Energy Announces Third-Quarter 2024 Earnings • Third-quarter 2024 GAAP net income of $1.12 per share; operating earnings (non-GAAP) of $0.98 per share • Company narrows its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, preserves original midpoint of $2.75 per share RICHMOND, Va. – Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP o ...
Dominion Energy Announces Third-Quarter 2024 Earnings
Prnewswire· 2024-11-01 11:30
Third-quarter 2024 GAAP net income of $1.12 per share; operating earnings (non-GAAP) of $0.98 per share Company narrows its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, preserves original midpoint of $2.75 per shareRICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP or reported earnings) for the three months ended Sept. 30, 2024, of $954 ...
Dominion Energy to Release Q3 Earnings: Here's What You Need to Know
ZACKS· 2024-10-29 15:31
Dominion Energy Inc. (D) is scheduled to release third-quarter 2024 results on Nov. 1, before market open. The company delivered a negative earnings surprise of 5.2% in the last reported quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Key Factors That Might Have Impacted D's Q3 Performance Dominion Energy's earnings are expected to have gained from regulated investments and higher ...