Dominion Beats Expectations For 4Q Adjusted Profit
February 11 2020 - 8:12AM
Dow Jones News
By Micah Maidenberg
Adjusted earnings at Dominion Energy Inc. (D) were two cents
ahead of the consensus estimate for the fourth quarter.
The Richmond, Va.-based utility on Tuesday reported $1.18 a
share in profit following adjustments, while analysts polled by
FactSet predicted $1.16 a share on that metric.
The company also reported fourth quarter GAAP earnings of $1.09
billion, or $1.32 a share, up from the $641 million, or 97 cents a
share, the year earlier.
Operating revenue rose to $4.48 billion from $3.36 billion.
Analysts polled by FactSet predicted $4.53 billion in operating
revenue for the latest period.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
February 11, 2020 07:57 ET (12:57 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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