Dominion Energy unaudited GAAP net loss $680 millionChristian Fernsby ▼ | May 3, 2019
Dominion Energy announced an unaudited GAAP net loss for the three months ended March 31, 2019 of $680 million ($0.86 per share) compared with net income of $503 million ($0.77 per share) for the same period in 2018.
Dominion Energy $680 million
The difference between GAAP and operating earnings was primarily attributable to charges related to the SCANA merger commitments and the early retirement of certain cold-reserve Virginia utility generating units.
Operating earnings are defined as reported earnings adjusted for certain items. ■