Dominion Energy D is scheduled to release its third-quarter 2026 results on Oct. 30, before market opens. The Zacks Consensus Estimate for earnings is currently pegged at $1.20 per share on revenues of $4.8 billion.
Third-quarter earnings estimates have gone down 2.44% over the past 60 days. The Zacks Consensus Estimate for quarterly revenues indicates a year-over-year increase of 6.02%.
D Stock’s Earnings Surprise History
Dominion Energy’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8.8%.
What the Zacks Model Unveils
Our proven model conclusively predicts an earnings beat for Dominion Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is exactly the case here, as you can see below.
Dominion Energy Inc. Price and EPS Surprise
Dominion Energy Inc. Price and EPS Surprise
Dominion Energy Inc. price-eps-surprise | Dominion Energy Inc. Quote
You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
D’s Earnings ESP: Dominion Energy has an Earnings ESP of +1.87% at present.
Zacks Rank of D: The company currently carries a Zacks Rank #3.
Some companies in the same sector with the right combination of the two factors for an earnings beat this season are American Electric Power AEP, Entergy ETR and PPL Corp. PPL. AEP, ETR and PPL currently have an Earnings ESP of +2.23%, +1.01% and +0.38%, respectively. All three stocks carry a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Impacted D Stock’s Q3 Results
Dominion Energy’s third-quarter 2026 earnings are likely to have benefited from regulated infrastructure investments aimed at strengthening grid reliability and meeting rising electricity demand. The company is also expected to have gained from favorable electric rate adjustments, particularly the new rates implemented in South Carolina at the beginning of July 2026. These factors, along with increased contributions from regulated investments, are expected to have supported quarterly earnings.
Dominion Energy’s third-quarter performance is expected to have benefited from robust commercial load growth, primarily driven by expanding data center demand across Virginia. Increasing electricity consumption, supported by customer growth across its Virginia and South Carolina service territories, is likely to have boosted sales volumes. Contributions from the Charybdis vessel and a return to normal weather conditions are also expected to have supported the company’s quarterly performance.
However, the positives are likely to have been partially offset by higher financing costs, increased capacity expenses and elevated operations and maintenance costs. Lower contributions from Renewable Natural Gas, reduced nuclear production tax credits, share dilution and unfavorable tax impacts are also expected to have weighed on Dominion Energy’s third-quarter earnings.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
