Dominion Energy Q2 Adj. EPS $0.53 Beats $0.48 Estimate, Sales $3.79B Beat $3.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dominion Energy reported Q2 earnings of $0.53 per share, beating the analyst consensus estimate of $0.48 by 10.42%. This is a 31.17% decrease from the same period last year. The company also reported quarterly sales of $3.79 billion, beating the analyst consensus estimate of $3.67 billion by 3.27%. This is a 5.51% increase from the same period last year.
August 04, 2023 | 3:09 pm
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Dominion Energy's Q2 earnings and sales beat estimates, but earnings are down 31.17% YoY. Sales are up 5.51% YoY.
Dominion Energy's Q2 earnings beat estimates, which is positive. However, the YoY decrease in earnings could be a concern for investors. The increase in sales YoY and beating estimates is a positive sign. The mixed results make the short term impact neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100