Dominion Energy Earnings Reports

Dominion Energy reported Q4 2024 GAAP net income of $145 million ($0.15 per share), a significant decline from $331 million ($0.37 per share) in Q4 2023. However, operating earnings (non-GAAP) surged to $504 million ($0.58 per share) from $260 million ($0.29 per share) in Q4 2023. Revenue decreased to $3.4 billion from $3.53 billion a year ago.

Dominion Energy reported a GAAP net income of $1.12 per share and operating earnings (non-GAAP) of $0.98 per share for the third quarter of 2024. The company narrowed its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, while preserving the original midpoint of $2.75 per share.

Dominion Energy reported a GAAP net income of $0.65 per share for Q2 2024, with operating earnings (non-GAAP) also at $0.65 per share. The company reaffirmed its full-year operating earnings guidance.

Dominion Energy reported a decrease in GAAP net income and operating earnings for the first quarter of 2024 compared to the same period in 2023. However, the company affirmed its full-year 2024 operating earnings guidance and other financial guidance.

Dominion Energy announced Q4 2023 GAAP net income of $0.30 per share and operating earnings (non-GAAP) of $0.29 per share, compared to $0.39 and $0.76 respectively for the same period in 2022. The company affirmed its business review commitments, announced an agreement to sell a noncontrolling equity partnership interest in CVOW, and provided key project updates on CVOW.

Dominion Energy reported third-quarter 2023 GAAP net income of $0.17 per share and operating earnings (non-GAAP) of $0.77 per share. The company is nearing the conclusion of its business review, with a final decision expected by year-end 2023 or early 2024.

Dominion Energy reported a net income of $599 million ($0.69 per share) for the second quarter of 2023, compared to a net loss of $453 million ($0.58 per share) for the same period in 2022. Operating earnings for the quarter were $468 million ($0.53 per share), down from $658 million ($0.77 per share) in the prior year.

Dominion Energy announced first-quarter 2023 GAAP net income of $1.17 per share and operating earnings of $0.99 per share. The company has initiated second quarter 2023 operating earnings guidance of $0.58 to $0.68 per share.

Dominion Energy reported a GAAP net loss of $0.07 per share for the fourth quarter of 2022, while operating earnings reached $1.06 per share. The company's operating earnings for the quarter increased compared to the same period in 2021. Dominion Energy expects first-quarter operating earnings in the range of $0.97 to $1.12 per share.

Dominion Energy reported a net income of $778 million, or $0.91 per share, for the third quarter of 2022, compared to $654 million, or $0.79 per share, for the same period in 2021. Operating earnings for the quarter were $944 million, or $1.11 per share, compared to $918 million, or $1.11 per share, for the same period in 2021. The company has initiated a business review to ensure it is best positioned to create long-term value for shareholders.

Dominion Energy reported a GAAP net loss of $0.58 per share for the second quarter of 2022, contrasting with a net income of $0.33 per share in the same period of 2021. However, operating earnings increased to $0.77 per share, up from $0.76 per share in the prior year. The company has provided operating earnings guidance for the third quarter of 2022, projecting $0.98 to $1.13 per share, and has affirmed its full-year operating earnings guidance.

Dominion Energy's first-quarter 2022 GAAP net income was $0.83 per share, while operating earnings were $1.18 per share. The company has initiated second quarter 2022 operating earnings guidance of $0.70 to $0.80 per share and affirmed its full-year 2022 operating earnings guidance.

Dominion Energy reported a net income of $1.63 per share for Q4 2021 and operating earnings of $0.90 per share. The company executed an agreement to sell West Virginia Natural Gas Distribution Company to Ullico. Dominion Energy expects 2022 operating earnings in the range of $3.95 to $4.25 per share.

Dominion Energy reported a GAAP net income of $0.79 per share and operating earnings of $1.11 per share for the third quarter of 2021. The company has initiated fourth-quarter operating earnings guidance of $0.85 to $0.95 per share and narrowed its 2021 operating earnings guidance range to $3.80 to $3.90 per share.

Dominion Energy announced an unaudited net income for the three months ended June 30, 2021, of $285 million ($0.33 per share) compared with a net loss of $1.2 billion ($1.52 per share) for the same period in 2020. Operating earnings for the three months ended June 30, 2021, were $628 million ($0.76 per share), compared to operating earnings of $630 million ($0.73 per share) for the same period in 2020.

Dominion Energy reported a GAAP net income of $1.23 per share and operating earnings of $1.09 per share for the first quarter of 2021. The company has initiated its second-quarter 2021 operating earnings guidance of $0.70 to $0.80 per share and affirmed its 2021 operating earnings guidance, as well as other long-term earnings and dividend guidance.

Dominion Energy reported a GAAP net income of $0.82 per share and operating earnings of $0.81 per share for the fourth quarter of 2020. The company initiates 2021 operating earnings guidance of $3.70 to $4.00 per share.

Dominion Energy reported a GAAP net income of $0.41 per share for the third quarter of 2020, while operating earnings reached $1.08 per share. The company has initiated fourth-quarter operating earnings guidance of $0.73 to $0.87 per share and expects 2020 weather-normal operating EPS to be above the annual guidance midpoint.

Dominion Energy announced a GAAP net loss of $1.41 per share for the second quarter of 2020. Operating earnings were $0.82 per share, compared to $0.77 per share for the same period in 2019. The company has initiated third-quarter 2020 operating earnings guidance of $0.85 to $1.05 per share and affirmed full-year 2020 operating earnings guidance of $3.37 to $3.63 per share.

Dominion Energy announced a GAAP net loss of $0.34 per share for the first quarter of 2020. Operating earnings were $1.09 per share, compared to $1.10 per share for the same period in 2019. The company initiates second-quarter 2020 operating earnings guidance of $0.75 to $0.85 per share and affirms full-year 2020 operating earnings guidance of $4.25 to $4.60 per share.

Dominion Energy reported Q4 2019 GAAP earnings of $1.32 per share and operating earnings of $1.18 per share. The company's net income attributable to Dominion Energy was $1.099 billion, compared to $641 million for the same period in 2018.