Dominion Energy: Q2 Earnings Insights

Shares of Dominion Energy D rose 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 6.49% year over year to $0.82, which beat the estimate of $0.76.

Revenue of $3,585,000,000 decreased by 9.70% from the same period last year, which beat the estimate of $3,470,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Dominion Energy hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jul 31, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.dominionenergy.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403132&sessionid=1&key=6C89E4C90D99EEC38D351A14BF17A83E&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $90.89

Company's 52-week low was at $57.79

Price action over last quarter: Up 4.88%

Company Overview

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with approximately 30 gigawatts of electric generation capacity and more than 93,000 miles of electric transmission and distribution lines. In 2019, Dominion completed a liquefied natural gas export facility in Maryland. It is in late-stage development for a 2.6 GW wind farm 27 miles off the Virginia Beach coast. The wind farm would be the largest in the U.S.

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Posted In: EarningsNews
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