— Dominion Energy (NYSE: D) reported operating earnings of $988 million or $1.18 per share for the fourth quarter of 2019, on an adjusted basis, compared to $592 million or $0.89 per share last year, vs. $1.16 per share expected.
— Unadjusted profit was $1.1 billion or $1.32 per share, up from $641 million or $0.97 per share reported for the same period in 2018
— The results benefitted from strong performance across all the key business units
– Operating revenue advanced to $4.48 billion from $3.36 billion last year, vs. $5.04 billion expected
— Expects full-year 2020 operating earnings to be in the range of $4.25 per share to $4.60 per share, compared to $4.24 per share reported for 2019
— Expects certain negative drivers for 2020, including increased minority interest expense associated with the equity recapitalization of Cove Point and share dilution
— For the first quarter of 2020, expects operating earnings to be in the range of $1.05 per share to $1.25 per share
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
Comments
Comments are closed.