Dominion Energy reported second-quarter operating earnings of $0.79 per share on operating revenue of $4.48 billion, exceeding analyst expectations. The company's GAAP earnings saw a significant decline year-over-year, primarily due to nonregulated asset impairments.
Key Highlights
- Second-quarter operating EPS of $0.79 rose from $0.75 in the prior-year period, beating the $0.78 consensus estimate.
- The company reaffirmed its full-year 2026 operating earnings guidance range of $3.45 to $3.69 per share.
- GAAP net income fell to $340 million ($0.37 per share) from $760 million ($0.88 per share) a year ago, impacted by a $704 million charge for nonregulated asset impairments.