— Dominion Energy (NYSE: D) reported its third-quarter 2019 operating earnings of $1.18 per share versus $1.14 per share expected.
— The results were driven by strong performance across its business units, combined with favorable weather.
— Operating revenue soared by 24% to $4.27 billion versus $4.51 billion expected.
— Looking ahead into the fourth quarter, the company expects operating earnings in the range of $1.10 to $1.25 per share versus the consensus estimates of $1.17 per share.
— The company expects negative drivers for the fourth quarter to include the impact of 2018 asset sales, share issuances and a return to normal weather.
— For the full year 2019, operating earnings are anticipated to be in the range of $4.15 to $4.30 per share. This is compared to the Street’s view of $4.19 per share.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
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
Comments
Comments are closed.