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Mar 31, 2020

Dominion Energy Q1 2020 Earnings Report

Dominion Energy reported a net loss and operating earnings for Q1 2020.

Key Takeaways

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.

First-quarter 2020 GAAP net loss of $0.34 per share.

First-quarter 2020 operating earnings of $1.09 per share.

Company initiates second-quarter 2020 operating earnings guidance of $0.75 to $0.85 per share.

Company affirms full-year 2020 operating earnings guidance of $4.25 to $4.60 per share.

Total Revenue
$4.5B
Previous year: $3.86B
+16.5%
EPS
$1.09
Previous year: $1.1
-0.9%
Gross Profit
$1.95B
Previous year: $1.3B
+50.8%
Cash and Equivalents
$1.19B
Previous year: $422M
+182.5%
Free Cash Flow
$171M
Previous year: $169M
+1.2%
Total Assets
$104B
Previous year: $100B
+4.1%

Dominion Energy

Dominion Energy

Dominion Energy Revenue by Segment

Forward Guidance

Dominion Energy expects second-quarter operating earnings in the range of $0.75 to $0.85 per share and affirms its full-year 2020 operating earnings guidance range of $4.25 to $4.60 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income