Categories Earnings, Energy

Earnings Summary: All you need to know about Dominion Energy’s (D) Q2 results

Dominion Energy, Inc. (NYSE: D) on Friday announced results for the second quarter of 2023. The energy firm’s operating revenues increased in the three-month period.

  • Dominion reported a net income of $599 million or $0.69 per share for Q2, vs. a loss of $453 million or $0.58 per share last year
  • The bottom line benefited from a 6% year-over-year increase in operating revenues to $3.79 billion
  • The management expects third-quarter operating earnings to be in the range of $0.72 per share to $0.87 per share
  • At $3.07 billion, second-quarter operating expenses were down 22% from the prior-year period
  • Income from operations was $722 million in Q2, compared to a loss of $318 million in the prior-year quarter

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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