Dominion Energy Q1 GAAP EPS $1.17; operating EPS $0.99; Q2 guidance $0.58-$0.68

DOMINION ENERGY, INC

2023-Q1 EPS reported $1.17 revenue$5,252,000,000

Q1 GAAP net income $997M ($1.17/share) vs $711M ($0.83) in Q1 2022; operating earnings $849M ($0.99) vs $1.0B ($1.18).
Company initiates Q2 2023 operating EPS guidance of $0.58 to $0.68 per share.
Differences between GAAP and operating earnings include mark-to-market hedging and nuclear trust fund gains/losses.
Earnings call webcast held 10 a.m. ET May 5; slides available on investor relations page.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DOMINION ENERGY, INC reported three months ended March 31, 2023 results: net income $997 million ($1.17 per share), EPS $1.17 per share. Guidance reaffirmed.

Period: three months ended March 31, 2023
Net income: $997 million ($1.17 per share)
EPS: $1.17 per share
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

Dominion Energy (NYSE: D) today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended March 31, 2023, of $997 million ($1.17 per share) compared with net income of $711 million ($0.83 per share) for the same period in 2022. Operating earnings for the three months ended March 31, 2023, were $849 million ($0.99 per share), compared to operating earnings of $1.0 billion ($1.18 per share) for the same period in 2022.

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Source: SEC EDGAR

accession 0000950170-23-018083

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