Dominion Energy Inc (NYSE:D) Beats Q3 2025 Estimates and Maintains Steady Outlook

Dominion Energy Beats Q3 Estimates, Maintains Steady Outlook

DOMINION ENERGY INC (NYSE:D) reported financial results for the third quarter of 2025 that surpassed analyst expectations on both the top and bottom lines. The energy provider's performance was driven by growth across its key business segments, leading to a positive pre-market reaction from investors.

Earnings and Revenue Performance

The company's third-quarter results demonstrated solid operational execution, with both revenue and earnings per share coming in ahead of market forecasts.

• Operating Earnings Per Share (non-GAAP): $1.06, compared to analyst estimates of $0.96.
• Operating Revenue: $4.53 billion, compared to analyst estimates of $4.34 billion.
• Year-over-Year EPS Growth: Increased from $0.98 per share in Q3 2024.
• Year-over-Year Revenue Growth: Increased from $3.94 billion in Q3 2024.

The company also reported GAAP net income of $1.16 per share for the quarter, up from $1.09 per share in the same period last year. Management emphasized its use of operating earnings (non-GAAP) as the primary performance measurement, as it excludes certain items like gains and losses on nuclear decommissioning trust funds to provide a clearer view of fundamental earnings power.

Business Segment Results

The strong quarterly performance was supported by growth in all three of Dominion Energy's primary segments on a year-over-year basis.

• Dominion Energy Virginia: Reported operating earnings of $679 million, up from $662 million in Q3 2024.
• Dominion Energy South Carolina: Reported operating earnings of $168 million, an increase from $147 million.
• Contracted Energy: Showed significant growth, with operating earnings of $165 million, nearly double the $83 million reported in the prior-year period.

Updated Guidance and Future Outlook

The company provided updated financial guidance for the full year 2025, narrowing its existing range while maintaining confidence in its long-term growth trajectory.

• 2025 Operating EPS Guidance: Narrowed to a range of $3.33 to $3.48 per share, preserving the original midpoint of $3.40. The company expects to finish the year at or above the midpoint, assuming normal weather.
• Long-Term Growth: Reaffirmed its long-term operating earnings per share growth guidance of 5% to 7% through 2029.
• Comparison to Analyst Estimates: The company's guided midpoint of $3.40 for 2025 is slightly above the current analyst consensus estimate of $3.37 for the full year. For the upcoming fourth quarter, analysts are estimating EPS of $0.78 on sales of $3.97 billion.

Market Reaction and Investor Sentiment

Following the earnings release, Dominion Energy's stock saw a positive reaction in pre-market trading, indicating that investors viewed the earnings beat and reaffirmed guidance favorably. This uptick contrasts with the stock's performance over the past month, suggesting the strong quarterly results may be shifting near-term sentiment.

Conclusion

Dominion Energy delivered a robust third-quarter performance, exceeding analyst expectations and demonstrating growth across its diversified portfolio. The company's narrowed guidance and reaffirmed long-term growth targets provide a stable outlook for investors. The positive pre-market price action reflects market approval of these results and the company's operational execution.

For a more detailed look at Dominion Energy's historical earnings and future estimates, you can review the data here.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, financial analysis, or a recommendation to buy or sell any security. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.