Dominion Energy: 3Q Earnings Snapshot | State and Regional News
RICHMOND, Va. (AP) — Dominion Energy Inc. (D) on Thursday reported third-quarter profit of $356 million.
On a per-share basis, the Richmond, Virginia-based company said it had profit of 41 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.08 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The energy company posted revenue of $3.61 billion in the period.
For the current quarter ending in December, Dominion Energy expects its per-share earnings to range from 73 cents to 87 cents.
The company expects full-year earnings in the range of $3.37 to $3.63 per share.
Dominion Energy shares have fallen slightly since the beginning of the year, while the Standard & Poor’s 500 index has increased roughly 7%. The stock has decreased slightly in the last 12 months.
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