The chart below shows how D performed 10 days before and after its earnings report, based on data from the past quarters. Typically, D sees a -0.32% change in stock price 10 days leading up to the earnings, and a -1.05% change 10 days following the report. On the earnings day itself, the stock moves by -0.14%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Operating Earnings Performance: Third quarter operating earnings were $0.98 per share, which represented normal weather in our utility service areas.
Third Quarter Earnings Per Share: Third quarter GAAP results were $1.12 per share.
Revised Earnings Guidance: We are narrowing our full year guidance range to $2.68 to $2.83 per share, while preserving the original guidance midpoint of $2.75.
Annual Growth Variation: We expect to see variation within our annual 5% to 7% growth range as a result of the Milestone refueling cadence, which requires a second planned outage once every third year.
Debt Reduction Completion: We have now closed on 100% of the debt reduction initiatives that we announced during the business review.
Negative
Operating Earnings Overview: Third quarter operating earnings were $0.98 per share, which represented normal weather in our utility service areas. Third quarter GAAP results were $1.12 per share.
Revised Earnings Guidance: With nine months of 2024 financial results reported, we're narrowing our fully year guidance range to $2.68 to $2.83 per share, while preserving the original guidance midpoint of $2.75.
Earnings Impact Analysis: Fourth quarter earnings are expected to be impacted by higher-than-expected financing costs and normal course movement of operating and maintenance expense from the first half to the second half of the year.
Earnings Impact from Partnership Closure: Fourth quarter earnings will also be negatively impacted by the earlier-than-planned closing of the CVOW partnership because the associated non-controlling interest hurt net of debt reduction, is beginning earlier than we expected.
Annual Growth Variation: We continue to expect to see variation within our annual 5% to 7% growth range as a result of the Millstone refueling cadence, which requires a second planned outage once every third year.
Dominion Energy, Inc. (D) Q3 2024 Earnings Call Transcript
D.N
4.21%