Market Overview

Dominion Energy's Earnings: A Preview

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On Friday, July 31, Dominion Energy (NYSE: D) will release its latest earnings report. Benzinga's outlook for Dominion Energy is included in the following report.

Earnings and Revenue

Sell-side analysts expect Dominion Energy's EPS to be near $0.76 on sales of $3.47 billion. In the same quarter last year, Dominion Energy posted EPS of $0.77 on sales of $3.97 billion. If the company were to post earnings inline with the consensus estimate when it reports Friday, EPS would be down 1.3%. Sales would be down 26.48% from the same quarter last year. Dominion Energy's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 1.10 1.16 1.14 0.76
EPS Actual 1.09 1.18 1.18 0.77
Revenue Estimate 4.72 B 5.04 B 4.51 B 4.21 B
Revenue Actual 4.50 B 4.47 B 4.27 B 3.97 B

Stock Performance

For a full 12 months, the return has risen by 7.46%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Dominion Energy is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.dominionenergy.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403132&sessionid=1&key=6C89E4C90D99EEC38D351A14BF17A83E&regTag=&sourcepage=register

 

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Posted-In: Earnings