Dominion Energy (D - Free Report) is one of the largest producers and transporters of energy, with a portfolio of nearly 26,400 megawatts of generation assets, 66,000 miles of natural gas transmission, gathering, storage and distribution pipeline, 64,200 miles of electric transmission and distribution lines.
Dominion is among the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves utility and retail energy customers in 14 states. Dominion is gradually building up its renewable assets through organic and inorganic routes.
Estimate Trend & Surprise History
Investors should note that the third quarter Zacks Consensus Estimate for earnings of $1.03 per share has decreased by 1.9% over the last 90 days.
Coming to the earnings surprise, Dominion Energy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in an overall positive average surprise of 2.8%.
Zacks Rank: Currently, Dominion Energy has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: Dominion Energy reported earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.03 by a penny.
Revenue: Dominion’s total revenues came in at $3,179 million, 4.5% lower than the Zacks Consensus Estimate of $3,327 million.
Key Stats: At the end of the third quarter the company was serving 24,463 more electric delivery customers compared with the year ago level.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this Dominion Energy earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Dominion Energy (D - Free Report) is one of the largest producers and transporters of energy, with a portfolio of nearly 26,400 megawatts of generation assets, 66,000 miles of natural gas transmission, gathering, storage and distribution pipeline, 64,200 miles of electric transmission and distribution lines.
Dominion is among the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves utility and retail energy customers in 14 states. Dominion is gradually building up its renewable assets through organic and inorganic routes.
Estimate Trend & Surprise History
Investors should note that the third quarter Zacks Consensus Estimate for earnings of $1.03 per share has decreased by 1.9% over the last 90 days.
Coming to the earnings surprise, Dominion Energy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in an overall positive average surprise of 2.8%.
Zacks Rank: Currently, Dominion Energy has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: Dominion Energy reported earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.03 by a penny.
Revenue: Dominion’s total revenues came in at $3,179 million, 4.5% lower than the Zacks Consensus Estimate of $3,327 million.
Key Stats: At the end of the third quarter the company was serving 24,463 more electric delivery customers compared with the year ago level.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this Dominion Energy earnings report later!
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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