Investing.com - Dominion Resources (NYSE:D) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.77 on revenue of $3.97B. Analysts polled by Investing.com expected EPS of $0.76 on revenue of $4.09B. That compared to EPS of $0.86 on revenue of $3.09B in the same period a year earlier. The company had reported EPS of $1.1 on revenue of $3.86B in the previous quarter.
For the year, Dominion Resources shares are up 4.97%, under-performing the S&P 500 which is up 21.65% year to date.
Dominion Resources follows other major Utilities sector earnings this month
On Wednesday, July 24, 2019, NextEra Energy reported second quarter EPS of $2.35 on revenue of $4.97B, compared to forecasts of EPS of $2.32 on revenue of $4.71B.
Enterprise Products Partners LP earnings beat analyst's expectations on Wednesday, with second quarter EPS of $0.55 on revenue of $8.28B. Investing.com analysts expected EPS of $0.52 on revenue of $8.56B
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