•
Jun 30, 2024

Dominion Energy Q2 2024 Earnings Report

Dominion Energy's Q2 2024 earnings were announced, with GAAP net income and operating earnings both reported at $0.65 per share. The company reaffirmed its financial guidance provided on March 1, 2024.

Key Takeaways

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.

Second-quarter 2024 GAAP net income of $0.65 per share.

Operating earnings (non-GAAP) of $0.65 per share for the second-quarter 2024.

The company reaffirms all financial guidance provided at its March 1, 2024, investor meeting, including guidance related to earnings, credit, and dividend.

Full-year 2024 operating earnings guidance range of $2.62 to $2.87 per share is reaffirmed.

Total Revenue
$3.5B
Previous year: $3.79B
-7.7%
EPS
$0.65
Previous year: $0.53
+22.6%
Gross Profit
$1.66B
Previous year: $1.38B
+20.3%
Cash and Equivalents
$184M
Previous year: $108M
+70.4%
Free Cash Flow
-$2.14B
Total Assets
$100B
Previous year: $106B
-5.3%

Dominion Energy

Dominion Energy

Dominion Energy Revenue by Segment

Forward Guidance

The company reaffirms its full-year 2024 operating earnings guidance range of $2.62 to $2.87 per share and its full-year 2025 operating earnings guidance range of $3.25 to $3.54 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income