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Barchart
Aditya Sarawgi

Dominion Energy's Quarterly Earnings Preview: What You Need to Know

Richmond, Virginia-based Dominion Energy, Inc. (D) engages in regulated and non-regulated electricity distribution, generation, and transmission businesses. With a market cap of $44.9 billion, Dominion Energy operates through Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy segments.

The utility giant is set to release its Q4 results before the market opens on Wednesday, Feb. 12. Ahead of the event, analysts expect Dominion to report a non-GAAP profit of $0.59 per share, up a staggering 103.5% from $0.29 per share reported in the year-ago quarter. While the company has missed Wall Street’s earnings projections twice over the past four quarters, it has surpassed the estimates on two other occasions. Its adjusted EPS for the last reported quarter surged 27.3% year-over-year to $0.98, exceeding the consensus estimates by 6.5%.

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