Dominion Energy has updated its second-quarter operating earnings guidance range to 44c-50c per share. The revised guidance reflects the estimated impact of historically mild weather, unplanned outages at the Millstone Power Station, and positive factors such as lower costs. The original second-quarter guidance range was 58c-68c per share. Given the pending business review, the company has not provided full-year 2023 earnings guidance. The company plans to host an investor event in the third quarter, during which it will provide an updated strategic and financial outlook based on the results of the business review, which is still underway.
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