Dominion Reports Q4 EPS of $.43 vs. $.66

Dominion D today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the 12 months ended Dec. 31, 2010, of $2.76 billion ($4.68 per share), compared with reported earnings of $1.29 billion ($2.17 per share) for the same period in 2009.

• Full-year 2010 operating earnings of $3.34 per share, in the upper half of original guidance range of $3.20 to $3.40 per share
• Full-year 2010 GAAP earnings of $4.68 per share
• Fourth-quarter 2010 operating earnings of 63 cents per share
• Fourth-quarter 2010 GAAP earnings of 43 cents per share
• Company affirms 2011 operating earnings guidance of $3.00 to $3.30 per share
• Company plans $400 million to $700 million equity repurchase in 2011
• Conference call scheduled for 10 a.m. EST today