Dominion Resources Inc. (D) reported third-quarter net income of $594 million or $1.00 per share compared to $508 million or $0.87 per share last year.
Operating earnings were $592 million or $0.99 per share compared to $545 million or $0.94 per share last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report profit of $0.90 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenue decreased to $3.648 billion from $4.365 billion last year. Analysts expected revenue of $3.94 billion for the quarter.
The company affirmed its 2010 operating earnings outlook of $3.20-$3.40 per share.
Dominion expects fourth-quarter 2009 operating earnings in the range of $0.55 to $0.65 per share.
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