Dominion Energy Q1 2024 Adj. EPS $0.55, Inline, Sales $3.630B Miss $4.380B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dominion Energy (NYSE:D) reported Q1 2024 earnings of $0.55 per share, meeting analyst estimates but marking a 6.78% decrease from the previous year. Sales were $3.630 billion, missing estimates by 17.12% and showing a 6.44% decrease from the previous year.
May 02, 2024 | 11:34 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dominion Energy reported Q1 2024 earnings per share of $0.55, aligning with estimates but down 6.78% YOY. Sales were $3.630 billion, missing estimates by 17.12% and down 6.44% YOY.
Dominion Energy's earnings report shows a decrease in both earnings per share and sales compared to the previous year, which could negatively impact investor sentiment and the stock price in the short term. The miss on sales estimates by a significant margin is particularly concerning, indicating potential underlying issues in revenue generation or market conditions that could affect future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100