Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Dominion Energy (D)
NYSE:D
Holding D?
Track your performance easily
Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.62Last Year’s EPS
$0.29Same Quarter Last Year
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 01, 2024
|% Change Since: -8.84%
|Next Earnings Date:Feb 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with successful debt reduction, strong project execution, and increased demand in key areas like data centers. However, challenges such as regulatory lag and storm-related costs were also highlighted.Company Guidance
During the Dominion Energy Q3 2024 earnings call, management provided a comprehensive update on their financial and operational guidance. Steven Ridge, EVP and CFO, highlighted that the Q3 operating earnings were $0.98 per share, with GAAP results at $1.12 per share, attributing these results to normal weather conditions in their utility service areas. The company narrowed its full-year earnings guidance range to $2.68 to $2.83 per share, maintaining the original midpoint of $2.75. Ridge discussed the impact of higher-than-expected financing costs and the premature closing of the CVOW partnership on fourth-quarter earnings. Looking ahead, Dominion reaffirmed its guidance for 2025-2029, projecting operating earnings per share between $3.25 and $3.54 for 2025, with an annual growth rate of 5% to 7% through 2029. Ridge also reported the completion of $21 billion in debt reduction initiatives and the fulfillment of their 2024 financing plan, highlighting a $1.2 billion VEPCO debt issuance and a $200 million ATM issuance. The company is actively monitoring market conditions to address 2025 financing needs and emphasized a focus on consistent execution of their financial plan.Successful Debt Reduction
Dominion Energy completed $21 billion in debt reduction across 6 separate transactions, ahead of schedule.
Offshore Wind Project on Track
The CVOW project is proceeding on time and on budget, with significant progress in monopile installation and marine cable laying.
Strong Safety Performance
Employee OSHA injury recordable rate for the first 9 months of the year was 0.44, continuing a positive trend.
Increased Data Center Demand
Dominion Energy sees robust data center demand with over 21 gigawatts contracted as of July 2024, up from 16 gigawatts in July 2023.
Millstone Nuclear Value
Millstone provides over 90% of Connecticut's carbon-free electricity, with recent legislative activities considering future procurements.
---
D Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
D Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 01, 2024 | $58.86 | $58.33 | -0.90% |
| Aug 01, 2024 | $52.23 | $54.17 | +3.71% |
| May 02, 2024 | $49.35 | $49.36 | +0.02% |
| Feb 22, 2024 | $44.05 | $43.39 | -1.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Dominion Energy (D) report earnings?
Dominion Energy (D) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Dominion Energy (D) earnings time?
Dominion Energy (D) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is D EPS forecast?
D EPS forecast for the fiscal quarter 2024 (Q4) is $0.62.
---