Dominion Energy Q2 2024 Adj. EPS $0.65 Beats $0.56 Estimate, Sales $3.486B Miss $3.729B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dominion Energy (NYSE:D) reported Q2 2024 adjusted EPS of $0.65, beating the estimate of $0.56, but sales of $3.486 billion missed the $3.729 billion estimate. Sales decreased by 8.12% compared to the same period last year.
August 01, 2024 | 11:34 am
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Dominion Energy's Q2 2024 adjusted EPS of $0.65 beat estimates by 16.07%, but sales of $3.486 billion missed expectations by 6.52% and decreased by 8.12% YoY.
While the EPS beat is positive, the sales miss and YoY decline in sales could neutralize the positive impact on the stock price. Investors may have mixed reactions.
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