Dominion Beats & Reaffirms

Dominion Resources Inc. (D) fourth
quarter 2009 EPS was 63 cents, within company’s guidance range of
55 to 65 cents and above the Zacks Consensus Estimate of 60 cents.
However, the quarterly EPS declined versus last year’s EPS of 73
cents. The earnings drag during the quarter is attributed to higher
outage costs, unfavorable weather in the regulated electric service
territory and higher depreciation and amortization expenses.
Dominion reported full-year operating earnings of $3.27 per …
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