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Benzinga
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Dominion Energy Reports Significant Earnings Beat, But Discloses $112 Million CVOW Project Cost Charge

1. Dominion Energy surpassed earnings estimates with $1.06 per share. 2. Total operating revenue rose to $4.527 billion, beating estimates by $277 million. 3. Operating earnings guidance for 2025 narrowed to $3.33-$3.48 per share. 4. Long-term earnings growth guidance is reaffirmed at 5% to 7% through 2029. 5. Dominion shares rose 0.61% to $59.91 amidst positive performance.

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FAQ

Why Bullish?

Dominion Energy's strong earnings and revenue growth suggest a positive market reception. Historically, companies with similar results often see stock price increases.

How important is it?

The article details significant earnings beats which generally encourage investor confidence.

Why Short Term?

Positive quarterly reports typically lead to immediate market reactions, as seen in previous earnings releases.

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