What Analyst Projections for Key Metrics Reveal About Dominion Energy (D) Q4 Earnings

Wall Street analysts forecast that Dominion Energy (D) will report quarterly earnings of $0.54 per share in its upcoming release, pointing to a year-over-year increase of 86.2%. It is anticipated that revenues will amount to $3.51 billion, exhibiting a decline of 0.6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.In light of this perspective, let's dive into the average estimates of certain Dominion Energy metrics that are commonly tracked and forecasted by Wall Street analysts.The consensus among analysts is that 'Total operating revenue - Dominion Energy Virginia' will reach $2.38 billion. The estimate indicates a change of +3.9% from the prior-year quarter.Analysts predict that the 'Total operating revenue - Contracted Energy' will reach $300.80 million. The estimate indicates a change of +69.9% from the prior-year quarter.The average prediction of analysts places 'Total operating revenue - Dominion Energy South Carolina' at $804.12 million. The estimate suggests a change of -1% year over year.View all Key Company Metrics for Dominion Energy here>>>Shares of Dominion Energy have demonstrated returns of -0.4% over the past month compared to the Zacks S&P 500 composite's +1.9% change. With a Zacks Rank #3 (Hold), D is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dominion Energy Inc. (D): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks