Overview

* Dominion Q3 operating revenue beats analyst expectations, reaching $4.53 bln

* Adjusted EPS for Q3 beats consensus at $1.06 per share

* Company narrows 2025 operating earnings guidance, expects to meet or exceed midpoint

Outlook

* Company narrows 2025 operating earnings guidance to $3.33-$3.48 per share

* Dominion expects 2025 earnings to be at or above midpoint, assuming normal weather

* Company reaffirms long-term EPS growth guidance of 5%-7% through 2029

Result Drivers

* CUSTOMER USAGE - Increased customer usage and rate impacts in Virginia and South Carolina contributed to earnings growth

* RENEWABLE ENERGY CREDITS - Renewable energy investment and production tax credits positively impacted earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $4.52 $4.25

Operatin bln bln (7

g Analysts

Revenue )

Q3 Beat $1.06 $0.94

OPERATIN (15

G EPS Analysts

)

Q3 EPS $1.16

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 16 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy."

* Wall Street's median 12-month price target for Dominion Energy Inc ( D ) is $63.00, about 5.5% above its October 30 closing price of $59.52

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)