Dominion Energy, Inc. has refined its full-year 2024 operating earnings guidance, now anticipating earnings between $2.68 and $2.83 per share, which maintains the original midpoint at $2.75 per share. The company has also reiterated its full-year 2025 operating earnings forecast, projecting between $3.25 and $3.54 per share, alongside other financial benchmarks announced during the March 1, 2024 investor meeting.
### Third Quarter Financial Results:
Dominion Energy reported a significant boost in its net income, reaching $954 million, or $1.12 per share, a sharp increase from $157 million, or $0.16 per share, recorded in the third quarter of the previous year. After excluding certain items, adjusted earnings were $835 million, or $0.98 per share, surpassing the average analyst forecast of $0.93 per share as compiled by Thomson Reuters. The firm's quarterly revenue saw an uptick of 3.4%, climbing to $3.94 billion compared to $3.81 billion in the same period last year. Analysts' forecasts typically do not account for special items.
