Dominion Beats Q3 Estimates as Contracted Data-Center Capacity Hits 54.9 GW
D sits 19% above its 52-week low of $55.854 on light trading volume (0.3× avg).
Summary
Dominion beat Q3 estimates with adjusted EPS of $1.28 versus $1.21 expected and sales of $5.617 billion versus $4.90 billion, up 24.1% year over year. Regulated utility earnings drove the quarter: Virginia operating earnings rose to $862 million from $679 million and South Carolina to $230 million from $168 million. The data-center story is the headline number — contracted capacity in Virginia reached about 54.9 GW in September, up roughly 6.3 GW, or 13%, since December 2025, with weather-normal electric sales up 3.4% over the last 12 months on 8.6% commercial growth. Management now expects 2026 operating EPS in the top half of its $3.45-$3.69 range and reaffirmed the roughly $65 billion 2026-2030 capital plan and 5%-7% long-term EPS growth. Coastal Virginia Offshore Wind is about 85% complete with 44 turbines installed against an $11.65 billion budget, and the NextEra Energy (NEE) merger remains on track for the second half of 2027.
At the time of this announcement, D was trading at $66.62 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $58.6B. The 52-week trading range was $55.85 to $72.99. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.