Dominion Energy Q3 2021 Earnings Report
Key Takeaways
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.
Third-quarter 2021 GAAP net income was $0.79 per share.
Third-quarter 2021 operating earnings were $1.11 per share.
The company initiated fourth-quarter 2021 operating earnings guidance of $0.85 to $0.95 per share.
The company narrowed the 2021 operating earnings guidance range to $3.80 to $3.90 per share.
Dominion Energy
Dominion Energy
Dominion Energy Revenue by Segment
Forward Guidance
Fourth-quarter 2021 operating earnings are expected to be in the range of $0.85 to $0.95 per share. The company has narrowed its full-year 2021 operating earnings guidance range to $3.80 to $3.90 per share. Assuming normal weather for the remainder of the year, the company expects operating earnings per share for 2021 to be above the midpoint of this narrowed guidance range. The company also affirmed its long-term earnings and dividend growth guidance.
Positive Outlook
- Fourth-quarter 2021 operating earnings are expected to be in the range of $0.85 to $0.95 per share.
- The company has narrowed its full-year 2021 operating earnings guidance range to $3.80 to $3.90 per share.
- The company expects operating earnings per share for 2021 to be above the midpoint of this narrowed guidance range, assuming normal weather.
- The company affirmed its long-term earnings growth guidance.
- The company affirmed its long-term dividend growth guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income