Dominion Energy Q3 2024 Adj. EPS $0.98 Beats $0.93 Estimate, Sales $3.940B Miss $4.179B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dominion Energy reported Q3 2024 earnings per share of $0.98, surpassing the analyst estimate of $0.93, marking a 30.67% increase from the previous year. However, sales were $3.940 billion, missing the $4.179 billion estimate, though up 3.41% from last year.
November 01, 2024 | 11:31 am
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Dominion Energy's Q3 2024 earnings per share exceeded expectations, but sales fell short. The EPS of $0.98 beat the $0.93 estimate, while sales of $3.940 billion missed the $4.179 billion estimate.
The positive EPS surprise indicates strong profitability, which is favorable for the stock. However, the sales miss could raise concerns about revenue growth, balancing the overall impact.
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