Dominion Energy Sees Higher 3Q Adjusted EPS Vs. 2Q
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Dow Jones
By Sabela Ojea
Dominion Energy forecasts sequential earnings growth in the third quarter.
The electric services company expects third-quarter adjusted earnings per share of 72 cents to 87 cents, below analysts expectations of $1.09 according to FactSet.
The electric-services company closed the second quarter with adjusted earnings per share of 53 cents.
Dominion Energy's outlook comes as it swings to a profit in the second quarter, driven by lower operating costs.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
August 04, 2023 08:19 ET (12:19 GMT)
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