Investing.com - Dominion Energy reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Dominion Energy announced earnings per share of $1.09 on revenue of $4.50B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $4.72B. That with comparison to EPS of $1.1 on revenue of $3.86B in the same period a year before.Dominion Energy had reported EPS of $1.18 on revenue of $4.48B in the previous quarter.Analysts are expecting EPS of $0.92 and revenue of $4.3B in the upcoming quarter.
Dominion Energy shares are down 8.48% from the beginning of the year and are trading at $75.80 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.39% year to date.
Dominion Energy follows other major Utilities sector earnings this month
Dominion Energy's report follows an earnings beat by NextEra Energy on Wednesday, April 22, 2020, who reported EPS of $2.38 on revenue of $4.61B, compared to forecasts EPS of $2.37 on revenue of $4.64B.
Southern had beat expectations on Thursday with first quarter EPS of $0.78 on revenue of $5.02B, compared to forecast for EPS of $0.71 on revenue of $5.47B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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