Dominion Energy (D) Q1 Earnings & Revenues Beat Estimates

Zacks05-03

Dominion Energy Inc. D delivered first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The metric was 59 cents in the year-ago ...

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The metric was 59 cents in the year-ago ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dominion-energy-d-q1-earnings-201100699.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dominion Energy (D) Q1 Earnings & Revenues Beat Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDominion Energy (D) Q1 Earnings & Revenues Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-03 04:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dominion-energy-d-q1-earnings-201100699.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dominion Energy Inc. D delivered first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The metric was 59 cents in the year-ago ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dominion-energy-d-q1-earnings-201100699.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FE","symbol_name":"第一能源公司","start_time":0,"source_url":"https://finance.yahoo.com/news/dominion-energy-d-q1-earnings-201100699.html","article_id":"2432950480","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/crGHnqxA7.bqicP_cpxMHg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2c0b0a5e9930699d14198b67a02a01aa"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432950480","pubTimestamp":1714680660,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Dominion Energy Inc. D delivered first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The metric was 59 cents in the year-ago quarter.GAAP earnings were 78 cents compared with $1.15 in the year-ago quarter. The difference between GAAP and operating earnings includes a net benefit from discontinued operations primarily associated with the sale of gas distribution operations, the gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities and other adjustments.Revenues of $3.63 billion beat the Zacks Consensus Estimate of $3.56 billion by 2.1%. Revenues were lower than $3.88 billion in the year-ago quarter.Dominion Energy Inc. Price, Consensus and EPS Surprise. Dominion Energy Inc. price-consensus-eps-surprise-chart | Dominion Energy Inc. Quote. NextEra Energy, Inc. NEE reported first-quarter 2024 adjusted earnings of 91 cents per share, which beat the Zacks Consens","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FE":"第一能源公司","D":"道明尼资源","XEL":"埃克西尔能源","NEP":"Nextera Energy Partners","NEE":"新纪元能源"},"translate_title":"道明能源（D）Q1收益和收入超过预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D":1,"FE":0.9,"NEE":0.9,"NEP":0.9,"XEL":0.9},"content_text":"Dominion Energy Inc. D delivered first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The metric was 59 cents in the year-ago quarter.GAAP earnings were 78 cents compared with $1.15 in the year-ago quarter. The difference between GAAP and operating earnings includes a net benefit from discontinued operations primarily associated with the sale of gas distribution operations, the gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities and other adjustments.\nRevenues\nRevenues of $3.63 billion beat the Zacks Consensus Estimate of $3.56 billion by 2.1%. Revenues were lower than $3.88 billion in the year-ago quarter.\n\nDominion Energy Inc. Price, Consensus and EPS Surprise\n  \nDominion Energy Inc. price-consensus-eps-surprise-chart | Dominion Energy Inc. Quote\n\nHighlights of the Release\nTotal operating expenses decreased 0.2% year over year to $2.79 billion due to lower electric fuel and other energy-related purchases.Interest and related charges were $574 million, up 19.8% from $479 million in the year-ago period.\nSegmental Details\nDominion Energy Virginia: Net income was $424 million, up 9.8% year over year.Dominion Energy South Carolina: Net income of $80 million declined 12.1% on a year-over-year basis.Contracted Energy: Net income was $122 million, up 9.9% from $111 million in the year-ago quarter.Corporate and Other: Net loss was $143 million compared with $73 million in the prior-year quarter.\nFinancial Highlights\nCash and Cash equivalents as of Mar 31, 2024, were $265 million compared with $184 million as of Dec 31, 2023.Total long-term debt as of Mar 31, 2024, was $32.9 billion, up from $32.3 billion as of Dec 31, 2023.In the first quarter of 2024, cash from operating activities was $1.98 billion compared with $2.1 billion in the year-ago period.\nGuidance\nThe company affirms its full-year 2024 operating earnings guidance in the range of $2.62-$2.87 per share. The Zacks Consensus Estimate is pinned at $2.75, which is on par with the midpoint of the guided range.It also confirms its full-year 2025 operating earnings guidance in the range of $3.25-$3.54 per share. The Zacks Consensus Estimate is pegged at $3.36, which is lower than the midpoint of the guided range.D reiterated its annual operating earnings guidance in the range of 5-7% from 2025 to 2028 period.\nZacks Rank\nCurrently, Dominion Energy has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nOther Releases\nNextEra Energy, Inc. NEE reported first-quarter 2024 adjusted earnings of 91 cents per share, which beat the Zacks Consensus Estimate of 80 cents by 13.8%. The bottom line was also up nearly 8.3% year over year. The uptick was driven by solid performance of Florida Power & Light Company and NextEra Energy Resources.The Zacks Consensus Estimate for NEE’s 2024 earnings is pinned at $3.40 per share, indicating a rise of 7.3% from a year ago. Long-term (three-to-five year) earnings growth rate of NEE is pegged at 7.99%.Xcel Energy Inc. XEL reported first-quarter 2024 operating earnings of 88 cents per share, which surpassed the Zacks Consensus Estimate of 80 cents by 10%. The bottom line improved 15.8% from the prior-year quarter’s 76 cents.The Zacks Consensus Estimate for XEL’s 2024 earnings is pinned at $3.56 per share, implying an improvement of 6.3% from the prior-year levels. The long-term earnings growth rate of XEL is pegged at 6.41%.FirstEnergy FE reported first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 53 cents by 3.8%.The Zacks Consensus Estimate for FE’s 2024 earnings is pinned at $2.67 per share, suggesting an increase of 4.3% from the year-earlier levels. The company reported average earnings surprise of 3.2% in the last four quarters.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nXcel Energy Inc. (XEL) : Free Stock Analysis Report\nNextEra Energy, Inc. (NEE) : Free Stock Analysis Report\nFirstEnergy Corporation (FE) : Free Stock Analysis Report\nDominion Energy Inc. (D) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432950480"}