Dominion Energy 1Q Adjusted EPS Ahead of Views
By Micah Maidenberg
Dominion Energy Inc. swung to a profit in the first quarter.
The utility with 7 million customers who tap its electricity or
natural gas said on Tuesday it earned $1.01 billion in net income
attributable to the company, compared with a loss of $270 million
for the year-earlier period.
Profit amounted to $1.23 a share in the latest period, compared
with a loss of 34 cents a share. The company's adjusted profit of
$1.09 a share was ahead of the 87 cents a share that analysts
predicted for that metric.
Operating revenue slipped to $3.87 billion from $3.94 billion
year over year.
Write to Micah Maidenberg at email@example.com
(END) Dow Jones Newswires
May 04, 2021 08:10 ET (12:10 GMT)
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