What To Expect From Dominion Energy Inc (D) Q2 2024 Earnings

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Dominion Energy Inc (D, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $3,729.22 million, and the earnings are expected to come in at $0.58 per share. The full year 2024's revenue is expected to be $15.63 billion and the earnings are expected to be $2.90 per share. More detailed estimate data can be found here.

Dominion Energy Inc (D, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Dominion Energy Inc (D) for the full year 2024 have declined from $16.38 billion to $15.63 billion, and for 2025 from $17.68 billion to $16.77 billion. Earnings estimates have seen an increase from $2.82 per share to $2.90 per share for the full year 2024, while for 2025, they have slightly decreased from $3.42 per share to $3.41 per share.

Dominion Energy Inc (D, Financial) Reported History

In the previous quarter of March 31, 2024, Dominion Energy Inc's (D) actual revenue was $3.63 billion, which missed analysts' revenue expectations of $4.38 billion by -17.08%. Dominion Energy Inc's (D) actual earnings were $0.78 per share, which beat analysts' earnings expectations of $0.574 per share by 35.89%. After releasing the results, Dominion Energy Inc (D) was up by 0.02% in one day.

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Dominion Energy Inc (D, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 12 analysts, the average target price for Dominion Energy Inc (D) is $53.26 with a high estimate of $56.12 and a low estimate of $48. The average target implies an upside of 0.4% from the current price of $53.05.

Based on GuruFocus estimates, the estimated GF Value for Dominion Energy Inc (D, Financial) in one year is $78.1, suggesting an upside of 47.22% from the current price of $53.05.

Based on the consensus recommendation from 17 brokerage firms, Dominion Energy Inc's (D, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.