Investing.com - Dominion Energy reported third quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.18 on revenue of $4.27B. Analysts polled by Investing.com expected EPS of $1.14 on revenue of $4.52B. That compared to EPS of $1.15 on revenue of $3.45B in the same period a year earlier. The company had reported EPS of $0.77 on revenue of $3.97B in the previous quarter.
For the year, Dominion Energy shares are up 15.52%, under-performing the S&P 500 which is up 22.63% year to date.
Dominion Energy follows other major Utilities sector earnings this month
On Tuesday, October 22, 2019, NextEra Energy reported third quarter EPS of $2.39 on revenue of $5.57B, compared to forecasts of EPS of $2.29 on revenue of $5.16B.
Southern earnings beat analyst's expectations on Wednesday, with third quarter EPS of $1.34 on revenue of $6B. Investing.com analysts expected EPS of $1.15 on revenue of $6.18B
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