Dominion Energy (D) Q3 2024 Earnings Snapshot: An In-Depth Look at Business News

Friday, 1 November 2024, 14:16

Business news highlights Dominion Energy (D) earnings snapshot, emphasizing a remarkable Q3 2024 performance. The energy industry witnessed notable growth with a 3% rise in operating revenues, driven by strong power generation and electric transmission results.
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Dominion Energy (D) Q3 2024 Earnings Snapshot: An In-Depth Look at Business News

Dominion Energy (D) Q3 2024 Earnings Overview

Dominion Energy, Inc. (NYSE: D) reported its financial results for the third quarter of 2024, showcasing a robust performance in the energy industry.

  • Net income surged to $954 million or $1.12 per share compared to $157 million or $0.16 per share a year ago.
  • Adjusted operating income reached $835 million, or $0.98 per share, versus $651 million, or $0.75 per share in Q3 2023.
  • Operating revenue increased to $3.94 billion from $3.81 billion year-over-year.
  • Total operating expenses declined approximately 2%, totaling $2.72 billion.

Dominion Energy's Future Guidance

The company narrowed its full-year operating profit guidance range to $2.68- $2.83 per share, maintaining the midpoint at $2.75 per share. Furthermore, Dominion reaffirmed its operating earnings guidance range for 2025 at $3.25 to $3.54 per share.

For more details, visit the source for the full earnings report and analysis of Dominion Energy's performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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