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Earnings: Dominion Energy reports Q3 2022 earnings of $778M
By AP News - Nov 04, 2022, 07:40 AM ET
Last Updated - Jun 23, 2023, 07:41 PM EDT
The company's earnings per share adjusted for non-recurring costs and to account for discontinued operations were $1.11
RICHMOND, Va. (AP) _ Dominion Energy Inc. (NYSE: D) on Friday reported third-quarter earnings of $778 million.
On a per-share basis, the Richmond, Virginia-based company said it had net income of 91 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.11 per share.
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The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The energy company posted revenue of $4.39 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $3.91 billion.
Pre-share earnings
For the current quarter ending in December, Dominion Energy expects its per-share earnings to range from 98 cents to $1.13. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.08.
The company expects full-year earnings in the range of $4.03 to $4.18 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on D at https://www.zacks.com/ap/D
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