07.05.2024 13:59:41 - dpa-AFX: Sempra Energy Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Sempra Energy (SRE) released a profit for first
quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $801 million, or $1.26 per share. This
compares with $969 million, or $1.53 per share, in last year's first quarter.

Excluding items, Sempra Energy reported adjusted earnings of $854 million or
$1.34 per share for the period.

Analysts on average had expected the company to earn $1.33 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 44.5% to $3.64 billion from $6.56
billion last year.

Sempra Energy earnings at a glance (GAAP) :

-Earnings (Q1): $801 Mln. vs. $969 Mln. last year.
-EPS (Q1): $1.26 vs. $1.53 last year.
-Revenue (Q1): $3.64 Bln vs. $6.56 Bln last year.

-Guidance:
Full year EPS guidance: $4.60 to $4.90


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SEMPRA 915266 Frankfurt 68,280 06.06.24 08:03:39 -2,200 -3,12% 67,860 71,860 68,280 68,280

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