Dominion Energy's Q3 2026 Earnings: What to Expect

With a market cap of $55.2 billion, Dominion Energy, Inc. (D) provides regulated electricity and natural gas services, primarily through its Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy segments. The company generates, transmits, and distributes electricity to millions of residential, commercial, industrial, and government customers in states such as Virginia, North Carolina, and South Carolina, while also operating renewable energy and renewable natural gas facilities. 

The Richmond, Virginia-based company is expected to unveil its fiscal Q3 2026 results before the market opens on Friday, Oct. 30. Before the event, analysts anticipate Dominion Energy to report an adjusted EPS of $1.17, up 10.4% from $1.06 in the year-ago quarter. It has exceeded Wall Street's bottom-line estimates in each of the past four quarters. 

For fiscal 2026, analysts predict Dominion Energy to post adjusted EPS of $3.59, a rise of nearly 5% from $3.42 in fiscal 2025. Moreover, adjusted EPS is projected to grow 6.1% year-over-year to $3.81 in fiscal 2027.

Dominion Energy stock has risen 1.8% over the past 52 weeks, lagging behind the S&P 500 Index's ($SPX) 15.5% gain. However, the stock has outpaced the State Street Utilities Select Sector SPDR ETF's (XLU) 10.3% drop over the same period.

Dominion Energy reported better-than-expected Q2 2026 adjusted EPS of $0.79 and revenue increased to $4.48 billion on Jul. 31. The company also reported 22% growth in adjusted operating earnings from its Virginia segment to $670 million, driven by strong demand from data centers, with contracted data center capacity increasing to 53.8 GW as of July, up 5.3 GW from December. However, the stock fell marginally on that day as operating expenses rose to $4.15 billion from $2.71 billion a year earlier.

Analysts' consensus rating on D stock is cautiously optimistic, with a "Moderate Buy" rating overall. Out of 17 analysts covering the stock, opinions include four "Strong Buys" and 13 "Holds." This configuration is more bullish than three months ago, with two analysts suggesting a "Strong Buy." 

The average analyst price target for Dominion Energy is $70.75, indicating a potential upside of 12.6% from the current levels.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.