Published on 3 May 2024 on Zacks via Yahoo Finance
Dominion Energy (D) Q1 Earnings & Revenues Beat Estimates
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
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.