RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Dominion Energy Inc. (D) on Friday reported third-quarter profit of $1.16 billion.
On a per-share basis, the Richmond, Virginia-based company said it had net income of $1.30. Earnings, adjusted for non-recurring gains, came to $1.28 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The energy company posted revenue of $5.62 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $4.8 billion.
Dominion Energy expects full-year earnings in the range of $3.45 to $3.69 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on D at https://www.zacks.com/ap/D
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
