Dominion Energy, Inc. (NYSE:D) Reports 2Q18 Profit Up 28%; Beats Street View

Dominion Energy

Dominion Energy, Inc. (NYSE:D) revealed net income for the second quarter of $ 499.00 million or 69 cents per share, compared to income of $ 390.00 million or 62 cents per share, in the year-ago period.

On adjusted basis, D reported operating earnings of $ 560.00 million or 86 cents per share.

Headquartered in Richmond, Virginia, the company disclosed, operating revenue that reached $ 3.09 billion, rose 10% from $ 2.81 billion a year ago.

The consensus estimates from Thomson Reuters are income of $ 0.79 per share from $ 3.19 billion in revenue.

Thomas F. Farrell, II, Chairman, President and CEO, We are delighted that the Cove Point Liquefaction project achieved commercial in-service early during the second quarter and since then has delivered 19 commercial cargoes representing over 60 billion cubic feet of liquefied natural gas for our customers.

Moving forward, Richmond, Virginia based company expects 3Q18 earnings of $0.95 to $1.15 per share, At the same time, D anticipates full year 2018 earnings of $3.80 to $4.25 per share.

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