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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Dominion Energy Inc | NYSE:D | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.34 | 0.66% | 51.50 | 51.85 | 50.66 | 51.67 | 3,741,757 | 01:00:00 |
From May 2019 to May 2024
By Aisha Al-Muslim
Dominion Energy Inc. (D) said its businesses was hurt by unusually mild weather in Virginia and South Carolina in its latest quarter.
The Richmond, Va.-based company reported Friday a net loss for the first quarter of $680 million, or 86 cents a share, compared with a profit of $503 million, or 77 cents a share, a year earlier.
Adjusted earnings were $1.10 a share, slightly below the $1.11 a share analysts polled by Refinitiv were looking for.
The weather reduced utility earnings by about six cents a share. Adjusted for normal weather, its quarterly results were above the midpoint of its quarterly guidance range, the company said.
Operating revenue for the energy company rose 11% to $3.86 billion, below the consensus forecast of $4.86 billion.
For 2019, the company backed it operating earnings per share guidance of $4.05 to $4.40. For the second quarter, the company forecast operating earnings per share of 70 cents a share to 80 cents.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
May 03, 2019 08:12 ET (12:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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