Key Points It's likely the Federal Reserve will lower interest rates by another 25 basis points in December.
Dominion Energy offers a 4.75% dividend yield and trades at a relative discount to its peers, presenting a potential lower-risk value investment. The company's offshore wind and modular nuclear reactor projects could drive significant long-term growth, especially with rising AI data center demand. Regulatory risks exist, but Dominion's bipartisan approach and cleaner energy initiatives position it well for future success.
Although the revenue and EPS for Dominion Energy (D) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dominion Energy, Inc. (NYSE:D ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants David McFarland - VP, IR and Treasurer Robert Blue - Chair, President and CEO Steven Ridge - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Ross Fowler - Bank of America Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Operator Welcome to the Dominion Energy Third Quarter Earnings Conference Call. At this time, each of your line is in listen-only mode.
D's third-quarter earnings are better than expected. It plans to invest $43 billion in the next five years.
Dominion Energy (D) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.77 per share a year ago.
Dominion Energy beat Wall Street estimates for third-quarter profit on Friday, as the electric utilities company benefited from lower costs and steady electricity demand during hot weather.
D's third-quarter results are expected to benefit from regulated investments and higher sales volume.
Dominion Energy (D) reachead $60.12 at the closing of the latest trading day, reflecting a +0.91% change compared to its last close.
Global energy demand is expected to surge by 2030, driven by rapid consumption growth in emerging economies. The expansion of artificial intelligence (AI) is further accelerating this demand, while industries are under increasing pressure to meet ambitious sustainability targets by focusing on low- and zero-carbon energy solutions.
Dominion Energy (D) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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