Dominion Energy — Nov 1, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-24-119806
Showing in the filing
Operating earnings
“$2.68 to $2.83 per share”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
Operating earnings for FY2024
“$2.68 to $2.83 per share”
Operating earnings midpoint for FY2024
“$2.75 per share”
Operating earnings for FY2025
“$3.25 to $3.54 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
ces Third-Quarter 2024 Earnings
• Third-quarter 2024 GAAP net income of $1.12 per share; operating earnings (non-GAAP) of $0.98 per share
• Company narrows its full-year 2024 operating earnings guidance range to $2.68 to $2.83 per share, preserves original midpoint of $2.75 per share
RICHMOND, Va. – Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP or reported earnings) for the three months ended Sept. 30, 2024, of $954 million ($1.12 per share) compared with net income of $157 million ($0.16 per share) for the same period in 2023.
Operating earnings (non-GAAP) for the three months ended Sept. 30, 2024, were $835 million ($0.98 per share), compared to operating earnings of $651 million ($0.75 per share) for the same period in 2023.
Differences between GAAP and operating earnings for the period include gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities, a net benefit from discontinued operations primarily associated with the sale of gas distribution operations, and other adjustments. Details of operating earnings as compared to prior periods, business segment results and detailed descriptions of items included in reported earnings but excluded from operating earnings can be found on Schedules 1, 2, 3 and 4 of this release.
Guidance
The company
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.