Dominion Energy, Inc. (D) released earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $1.34 billion, or $1.63 per share. This compares with $0.68 billion, or $0.82 per share, in last year's fourth quarter.
Excluding items, Dominion Energy, Inc. reported adjusted earnings of $752 million or $0.90 per share for the period.
Analysts on average had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.2% to $3.88 billion from $3.52 billion last year.
Dominion Energy, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $1.34 Bln. vs. $0.68 Bln. last year.
-EPS (Q4): $1.63 vs. $0.82 last year.
-Analyst Estimate: $0.91
-Revenue (Q4): $3.88 Bln vs. $3.52 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.10 to $1.25
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