Dominion Energy (D) Stock

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Important Information: The Federal Reserve is expected to reduce interest rates by another 25 basis points in December.

In the third quarter of 2024, Dream Office REIT reported better-than-expected funds from operations (FFO). However, fair value losses returned, even though the REIT managed to maintain stable cap rates. The increase in vacancies could hinder the improvements being made in the portfolio.

RICHMOND, Va., Nov. 13, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D) has announced that it will buy back all of its 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock for cash. This redemption will take place on December 15, 2024, at a price of $1,000 per share, matching the liquidation preference of the shares.

While the revenue and earnings per share (EPS) for Dominion Energy (D) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Dominion Energy, Inc. (NYSE:D) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 10:00 AM ET. The call will feature company representatives including David McFarland, Robert Blue, and Steven Ridge, along with participants from various financial institutions. The operator has announced that all lines are currently set to listen-only mode.

D's earnings for the third quarter have exceeded expectations. The company intends to invest $43 billion over the next five years.

Dominion Energy (D) reported quarterly earnings of $0.98 per share, which is higher than the Zacks Consensus Estimate of $0.92 per share. This is an increase compared to last year's earnings of $0.77 per share.

On Friday, Dominion Energy exceeded Wall Street's profit expectations for the third quarter, thanks to reduced costs and consistent electricity demand during the warm weather.