Dominion Energy Q3 Results: Revenue Miss, Earnings Beat, And Updated FY24 Guidance
Portfolio Pulse from Lekha Gupta
Dominion Energy reported Q3 results with a revenue miss but an earnings beat. The company updated its FY24 guidance and maintained its FY25 outlook. Dominion declared a quarterly dividend and its shares rose premarket. Investors can access the stock via BKGI and WBIY ETFs.
November 01, 2024 | 12:54 pm
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POSITIVE IMPACT
BNY Mellon Global Infrastructure Income ETF provides exposure to Dominion Energy, which reported a Q3 earnings beat and updated guidance.
BKGI holds Dominion Energy, which reported positive earnings results and guidance updates. This could positively impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Dominion Energy reported a Q3 revenue miss but an earnings beat. The company updated its FY24 guidance and maintained its FY25 outlook. A quarterly dividend was declared.
Despite missing revenue expectations, Dominion Energy beat earnings estimates and provided a positive update on its FY24 guidance. The declaration of a dividend and premarket share price increase suggest a positive short-term impact.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
WBI Power Factor High Dividend ETF includes Dominion Energy, which reported a Q3 earnings beat and declared a dividend.
WBIY holds Dominion Energy, which reported positive earnings and declared a dividend. This could positively impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50