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Dominion Sees 1Q EPS Near Bottom Of Guidance On Mild Weather

DOW JONES NEWSWIRES Dominion Resources Inc. (D) expects its first-quarter earnings will come in near the bottom of its December guidance, the latest power company to report that milder-than-usual temperatures have compounded challenges facing the industry. The Virginia electricity and natural gas company estimated the impact of the mild weather at 10 cents to 11 cents a share. The company in December had projected per-share profit of 85 cents to $1. Dominion, which affirmed its guidance for the full year, expects to report its first-quarter results on April 26. The company in January posted lower fourth-quarter profit on weakness in its wholesale power business, though it also said it sees growth in natural gas, particularly exports. Shares recently fell 1.4% to $50.80 premarket. The stock is down roughly 3% this year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481;

Stock News for Dominion (D)
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02/27/201712:12:00DVI and NRTC Team Up To Assist Grid Modernization Efforts
02/24/201716:30:00Dominion Sets Annual Meeting
02/23/201717:17:00Dominion East Ohio Standard Choice Offer Customers Will Pay NYMEX...
02/14/201708:00:00Dominion Solar Investment In Virginia Approaches $1 Billion
02/13/201714:45:00Dominion's Edward Baine Receives a Black Engineer of the Year...
02/06/201710:05:00Dominion to Gain 'Energy' With New Name, Rebranding
02/02/201712:23:00Dominion Resources and the Library of Virginia Honor Seven African-American...
02/01/201716:49:00Dominion East Ohio Reminds Customers Of Important Natural Gas...
02/01/201708:55:00Dominion Resources Warns of Lower Earnings in 2017
02/01/201708:52:00Dominion Resources Warns of Lower Earnings in 2017
02/01/201707:31:00Dominion Midstream Partners Announces Fourth-Quarter 2016 Earnings
02/01/201707:30:00Dominion Announces Fourth-Quarter and Full-Year 2016 Earnings
01/31/201715:09:00Dominion's Expanded EnergyShare Program Reaching Out To Aid Thousands...
01/25/201711:30:00Dominion Awards $50,000 to ArtStars Winners
01/24/201716:30:00Dominion Elects Two New Directors
01/24/201713:00:00Dominion Declares Quarterly Dividend of 75.5 Cents
01/24/201709:37:00Save Money with Energy Tips from Dominion East Ohio

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