RICHMOND, Va. (AP) _ Dominion Energy Inc. (D) on Tuesday reported first-quarter net income of $1.01 billion, after reporting a loss in the same period a year earlier.

On a per-share basis, the Richmond, Virginia-based company said it had profit of $1.23. Earnings, adjusted for non-recurring gains, came to $1.09 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The energy company posted revenue of $3.87 billion in the period.

For the current quarter ending in July, Dominion Energy expects its per-share earnings to range from 70 cents to 80 cents.

The company expects full-year earnings in the range of $3.70 to $4 per share.

Dominion Energy shares have risen roughly 7% since the beginning of the year, while the S&P’s 500 index has increased 12%. The stock has climbed slightly more than 6% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on D at https://www.zacks.com/ap/D