Sempra Energy

Utilities | Diversified Utilities | USA
Sempra Energy (SRE) Beats on Q4 Earnings, Revenues Up Y/Y

Sempra Energy’s (SRE - Free Report) fourth-quarter 2018 adjusted earnings per share (EPS) came in at $1.56, beating the Zacks Consensus Estimate of $1.47 by 6.1%. The bottom line also improved 1.3% from $1.54 registered in the prior-year quarter.

Barring one-time items, the company generated GAAP earnings of $3.03 per share, against a loss of $1.99 in fourth-quarter 2017. This year- over-year upside was driven by solid top-line performance.
For 2018, Sempra Energy’s operating EPS came in at $5.57, up 2.8% from the prior-year quarter’s $5.42. The figure also surpassed the Zacks Consensus Estimate of $5.46 by 2%.
Total Revenues
In the quarter under review, total revenues were $3,221 million, up 8.7% year over year on higher contributions from both its Utilities (up 7.5%) and energy-related businesses (up 17.5%). The top line also surpassed the consensus mark of $3,183 million by 1.2%.

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https://www.zacks.com/stock/news/357010/...nues-up-yy

Sempra (SRE) Q1 Earnings Beat Estimates

Sempra (SRE) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 13.61%. A quarter ago, it was expected that this natural gas and electricity provider would post earnings of $1.47 per share when it actually produced earnings of $1.56, delivering a surprise of 6.12%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Sempra, which belongs to the Zacks Utility - Gas Distribution industry, posted revenues of $2.90 billion for the quarter ended March 2019, missing the Zacks Consensus Estimate by 7.11%. This compares to year-ago revenues of $2.96 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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https://finance.yahoo.com/news/sempra-sr...12869.html

Sempra Energy Reports First-Quarter 2020 Earnings Results

SAN DIEGO , May 4, 2020 /PRNewswire/ -- Sempra Energy  (NYSE: SRE) today reported first-quarter 2020 earnings of $760 million , or $2.53 per diluted share, compared to first-quarter 2019 earnings of $441 million , or $1.59 per diluted share. On an adjusted basis, the company's first-quarter 2020 earnings were $932 million , or $3.08 per diluted share, compared to $534 million , or $1.92 per diluted share, in the first quarter of 2019.

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https://finance.yahoo.com/news/sempra-en...00100.html