Dominion Energy Earnings Reports

Dominion Energy delivered solid results for Q1 2025 with higher operating and net income driven by strong performance in its Virginia and South Carolina segments.

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.