Dominion Energy Affirm FY24 Adj EPS Outlook $2.62-$2.87 vs $2.86 Estimate
Portfolio Pulse from Benzinga Newsdesk
Dominion Energy has reaffirmed its FY24 adjusted EPS outlook of $2.62-$2.87, aligning with the $2.86 estimate. Additionally, the company maintains its FY25 EPS guidance of $3.25-$3.54 and reiterates its financial guidance from the March 1, 2024 investor meeting, covering earnings, credit, and dividends.
May 02, 2024 | 11:39 am
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Dominion Energy reaffirms its FY24 EPS guidance of $2.62-$2.87, in line with estimates, and FY25 guidance of $3.25-$3.54. It also reiterates its overall financial guidance.
Reaffirming both FY24 and FY25 EPS guidance, especially when it aligns with analyst estimates, is a positive signal to investors, indicating stability and confidence in the company's financial outlook. This transparency and consistency in financial forecasting can bolster investor confidence, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100