27.02.2024 13:06:37 - dpa-AFX: ROUNDUP: Sempra Energy Narrows FY24 EPS Outlook Range

WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Tuesday, energy infrastructure company Sempra Energy (SRE) narrowed
its earnings guidance for the full-year 2024, and initiated earnings outlook for
the full-year 2025.

For fiscal 2024, Sempra Energy now projects earnings in a range of $4.60 to
$4.90 per share, compared to the prior guidance range of $4.30 to $4.60 per
share.

On average, 18 analysts polled by Thomson Reuters expect the company to report
earnings of $4.83 per share for the year. Analysts' estimates typically exclude
special items.

The company also initiated its earnings guidance for fiscal 2025 in a range of
$4.90 to $5.25 per share.

Further, the company is affirming its projected long-term earnings per share
growth rate of approximately 6 to 8 percent.

Sempra's board of directors declared a $0.62 per share quarterly dividend on the
company's common stock, which is payable April 15, 2024, to common stock
shareholders of record at the close of business on March 21, 2024.

Sempra's board of directors also declared a semi-annual dividend of $24.375 per
share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual
Preferred Stock, Series C, payable April 15, 2024, to preferred stock
shareholders of record at the close of business on April 1, 2024.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SEMPRA 915266 Frankfurt 69,640 09.05.24 08:00:16 +0,620 +0,90% 69,620 69,900 69,640 69,020

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