Dominion Energy Q2 2023 Earnings Report
Key Takeaways
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.
Second-quarter 2023 GAAP net income was $0.69 per share.
Second-quarter 2023 operating earnings were $0.53 per share.
The company initiated third-quarter 2023 operating earnings guidance of $0.72 to $0.87 per share.
Differences between GAAP and operating earnings include gains/losses on nuclear decommissioning trust funds and the mark-to-market impact of economic hedging activities.
Dominion Energy
Dominion Energy
Dominion Energy Revenue by Segment
Forward Guidance
Dominion Energy expects third-quarter operating earnings in the range of $0.72 to $0.87 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income