Dominion Energy Q3 Results: Revenue Miss, Earnings Beat, And Updated FY24 Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 01 2024
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Source: Benzinga
Financial Performance: Dominion Energy reported third-quarter revenue of $3.941 billion, below the expected $4.179 billion, but adjusted operating earnings increased to $835 million, surpassing the consensus estimate of $0.93 EPS.
Dividend and Outlook: The company declared a quarterly dividend of 66.75 cents per share and narrowed its FY24 operating EPS guidance to $2.68 – $2.83, while maintaining FY25 guidance at $3.25 – $3.54.
Analyst Views on WBIY
Wall Street analysts forecast WBIY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WBIY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 33.191
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Current: 33.191
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
