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

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Go back to Dominion Energy (D) Misses Q1 EPS by 1c, Offers Guidance

Dominion Energy Announces First-Quarter Earnings

May 5, 2020 6:50 AM EDT

RICHMOND, Va., May 5, 2020 /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, 2020 of $270 million ($0.34 per share) compared with a net loss of $680 million ($0.86 per share) for the same period in 2019. 

Operating earnings for the three months ended March 31, 2020, were $931 million ($1.09 per share), compared with operating earnings of $873 million ($1.10 per share) for the same period in 2019.  The company estimates that its first-quarter 2020 operating earnings were negatively impacted by $0.09 per share due to... More