Dominion Energy, Inc. (NYSE: D) on Friday announced financial results for the third quarter of 2024. The energy firm’s operating revenues increased 3% during the three months.
- Third-quarter net income increased sharply to $954 million or $1.12 per share from $157 million or $0.16 per share in the year-ago quarter
- Adjusted operating income for Q3 was $835 million or $0.98 per share, vs. $651 million or $0.75 per share in the same period in 2023
- Q3 operating revenue increased to $3.94 billion from $3.81 billion in the comparable period a year earlier
- At $2.72 billion, total operating expenses were down around 2% year-over-year in the third quarter
- The company narrowed its full-year operating profit guidance range to $2.68- $2.83 per share, preserving the original midpoint of $2.75 per share
- It also reaffirmed its full-year 2025 operating earnings guidance range of $3.25 to $3.54 per share
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