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Dominion Energy (D)
NYSE:D
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.77Last Year’s EPS
0.55Same Quarter Last Year
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 1.85%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Dominion Energy's earnings call reflected a positive start to their strategic plan with strong financial performance and increased capital investments, alongside significant progress in data center expansion and the CVOW project. However, challenges such as increased project costs and regulatory lag in South Carolina were noted.Company Guidance
During the Dominion Energy Fourth Quarter 2024 Earnings Conference Call, the company reported operating earnings per share of $2.77 for the full year, with fourth quarter earnings at $0.58 per share, despite adverse weather impacts. They narrowed their 2025 operating earnings guidance to a range of $3.28 to $3.52 per share, maintaining the midpoint at $3.40, and reaffirmed a long-term annual operating earnings growth rate of 5% to 7% through 2029. Dominion Energy also plans a 16% increase in their five-year capital investment forecast from 2025 to 2029, totaling $50 billion, predominantly focused on Dominion Energy Virginia. The Coastal Virginia Offshore Wind project remains on schedule for 2026 with updated costs of $10.7 billion, while the company has secured a 50% noncontrolling equity financing to mitigate project risk. Additionally, Dominion Energy highlighted significant data center demand growth, with approximately 40 gigawatts in various contracting stages, and reaffirmed their commitment to maintaining a dividend of $2.67 per share until reaching an industry-aligned payout ratio.Strong Financial Performance
Operating earnings per share for 2024 were $2.77, in the top half of the guidance range, despite $0.03 impact from adverse weather. GAAP earnings for the full year were $2.44 per share.
Increased Capital Investment
Dominion Energy updated its 5-year capital forecast to $50 billion, a 16% increase from prior guidance, to meet growing demand and ensure reliability.
Data Center Expansion
Data center sales now represent 26% of total sales for Dominion Energy Virginia, with contracted capacity increasing by 88% since July 2024.
Safety and Regulatory Achievements
Achieved near-record employee safety performance and favorable regulatory outcomes in South Carolina and North Carolina, as well as Virginia.
Progress on Coastal Virginia Offshore Wind Project (CVOW)
Project is 50% complete, on schedule for completion in 2026, and has bipartisan support and significant economic impact.
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D Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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D Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $55.05 | $55.27 | +0.40% |
| Nov 01, 2024 | $58.17 | $57.64 | -0.91% |
| Aug 01, 2024 | $51.62 | $53.53 | +3.70% |
| May 02, 2024 | $48.77 | $48.78 | +0.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dominion Energy (D) report earnings?
Dominion Energy (D) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Dominion Energy (D) earnings time?
Dominion Energy (D) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is D EPS forecast?
D EPS forecast for the fiscal quarter 2025 (Q1) is 0.77.
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