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BUZZ-Dominion Energy narrows 2025 profit forecast; shares fall

ReutersFeb 12, 2025 3:10 PM

Shares of utility Dominion Energy D.N fall 1.3% to $55

Company narrows forecast for 2025 adjusted profit per share to range of $3.28 to $3.52, from $3.25 to $3.54

Analysts expected Dominion to post a profit of $3.39 per share in 2025, according to data compiled by LSEG

Company posts Q4 adj earnings of 58 cents/share vs. est of 56 cents/share

The broader S&P 500 Utilities Sector .SPLRCU was also down, pressured by higher U.S. dollar and Treasury yields US/

However, co raises five-year capex plan to $50.1 billion from $43.2 billion

Including session's moves, Dominion shares were up 2.2% YTD

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