Dominion Energy(US:D) ZACKSยท2025-02-12 14:45Core Insights - Dominion Energy reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.54 per share, and showing an increase from $0.29 per share a year ago, representing an earnings surprise of 7.41% [1] - The company posted revenues of $3.4 billion for the quarter ended December 2024, which was 3.17% below the Zacks Consensus Estimate and a decrease from $3.53 billion year-over-year [2] - Dominion Energy has surpassed consensus EPS estimates three times over the last four quarters, while it has only topped revenue estimates once in the same period [2] Earnings Outlook - The immediate price movement of Dominion Energy's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $3.93 billion, and for the current fiscal year, it is $3.39 on revenues of $16.04 billion [7] Industry Context - The Utility - Electric Power industry, to which Dominion Energy belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]