Dominion Energy, Inc. (NYSE:D) producer and transporter of energy, is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.99 per share.
For the full year, analysts predict revenues of $ 15964.60 million, while looking forward to income of $ 3.52 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.85 ~ $ 1.05 per share
Full Year 2020 bottomline are predicted in a range of $ 3.49 ~ $ 3.60 per share
Click Here For More Historical Outlooks Of Dominion Energy, Inc.
Previous Quarter Performance
Dominion Energy, Inc. announced income for the second quarter of $ 0.82 per share, from the revenue of $ 3,585.00 million. The quarterly earnings swell 6.49 percent while revenues reduced 9.70 percent compared with the same quarter last year.
According to street consensus, D was expected to report 2Q20 income of $ 0.76 per share from revenue of $ 3937.28 million. The bottom line results beat street analysts by $ 0.06 or 7.89 percent, at the same time, top line results fell short of analysts by $ 352.28 million or 8.95 percent.
Stock Performance
Shares of Dominion Energy, Inc. traded low $ -0.21 or -0.25 percent on Wednesday, reaching $ 82.70 with volume of 3.70 million shares. Dominion Energy, Inc. has traded high as $ 85.09 and has cracked $ 82.60 on the downward trend
The closing price of $ 82.70, representing a 43.47 % increase from the 52 week low of $ 57.79 and a 8.78 % decrease over the 52 week high of $ 90.89.
The company has a market capital of $ 69.48 billion and is part of the Utilities sector and Utilities – Diversified industry.
Recent Analyst recommendations
- On 29th September 2020, upgraded by JPMorgan Chase & Co. to Overweight from Neutral rating, with $ 84.00 target price.
Recent Stock Dividend Announcement
On July 30, 2020, the board of directors authorized quarterly dividend of $ 0.94 per share to holders of record as of the close of business on September 4, 2020, with payment date of September 20, 2020 and ex-dividend date on September 3, 2020.
Conference Call
Dominion Energy, Inc. will be hosting a conference call at 11:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dominionenergy.com
Dominion Energy, Inc. produces and transports energy. The companys Power Delivery segment engages in the regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
