Adjusted earnings were 79 cents per share, topping the analyst consensus estimate of 68 cents. Revenue rose to $4.48 billion, exceeding the Street estimate of $4.04 billion. Adjusted earnings included a 3-cent-per-share benefit from renewable natural gas 45Z tax credits.
The utility reaffirmed its fiscal 2026 adjusted earnings guidance of $3.45 to $3.69 per share. Analysts expect earnings of $3.58 per share.
Data Center Demand Continues To Grow
Dominion said electricity demand remained strong, with nine of its 10 highest peak-demand days occurring in 2026, including the eight highest summer peaks recorded over the past two months.
The company said it now has more than 53 gigawatts of data center capacity across various stages of contracting. About 12 GW is secured under electric service agreements. Dominion added more than 5 GW of new data center contracts since the end of 2025, representing roughly 11% growth.
