Dominion Resources (D) Tops Q1 EPS by 2c

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Go back to Dominion Resources (D) Tops Q1 EPS by 2c

Dominion Announces First-Quarter Earnings

May 4, 2016 7:30 AM EDT

RICHMOND, Va., May 4, 2016 /PRNewswire/ -- Dominion Resources (NYSE: D) today announced operating earnings for the three months ended March 31, 2016, of $572 million ($0.96 per share), compared to operating earnings of $584 million ($0.99 per share) for the same period in 2015.  Operating earnings are defined as reported earnings, determined in accordance with Generally Accepted Accounting Principles (GAAP), adjusted for certain items. 

Unaudited reported GAAP earnings for the three months ended March 31, 2016, were $524 million ($0.88 per share) compared with earnings of $536 million ($0.91 per share) for the same period in 2015. 

Dominion uses operating earnings as the primary performance... More