BUZZ-Dominion Energy narrows 2025 profit forecast; shares fall

Reuters
02-12
BUZZ-Dominion Energy narrows 2025 profit forecast; shares fall

** 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

(Reporting by Katha Kalia)

((Katha.Kalia@thomsonreuters.com))

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