Dominion Resources (D) Misses Q4 EPS by 2c; Guides In-Line

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Dominion Announces Fourth-Quarter and Full-Year 2016 Earnings

February 1, 2017 7:30 AM EST

RICHMOND, Va., Feb. 1, 2017 /PRNewswire/ -- Dominion Resources (NYSE: D) today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended Dec. 31, 2016, of $457 million ($0.73 per share) compared with earnings of $357 million ($0.60 per share) for the same period in 2015.  Reported earnings for the 12 months ended Dec. 31, 2016 were $2.1 billion ($3.44 per share) compared with earnings of $1.9 billion ($3.20 per share) for the same period in 2015.

Operating earnings for the three months ended Dec. 31, 2016, were $618 million ($0.99 per share), compared to operating earnings of $416 million ($0.70 per share) for... More