Dominion Energy (D) Misses Q1 EPS by 1c, Affirms Earnings Guidance

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Dominion Energy Announces First-Quarter Earnings

May 3, 2019 7:30 AM EDT

RICHMOND, Va., May 3, 2019 /PRNewswire/ -- Dominion Energy (NYSE: D) today announced an unaudited net loss determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended March 31, 2019 of  $680 million ($0.86 per share) compared with net income of $503 million ($0.77 per share) for the same period in 2018. 

Operating earnings for the three months ended March 31, 2019, were $873 million ($1.10 per share), compared with operating earnings of $741 million ($1.14 per share) for the same period in 2018.  The difference between GAAP and operating earnings was primarily attributable to charges related to the SCANA merger commitments... More