Categories Earnings, Energy

Sempra Energy (NYSE: SRE): Q3 2019 Earnings Snapshot

— Sempra Energy (NYSE: SRE) reported adjusted earnings of $1.50 per share for the third quarter of 2019, vs. $1.47 per share expected

— On a reported basis, it registered net profit of $813 million or $2.84 per share, compared to $274 million or $0.99 per share a year earlier

— Third-quarter revenues advanced to $2.76 billion from $2.57 billion in the same period of last year, vs. $2.94 billion expected

— Expects full-year 2019 earnings in the range of $6.50 per share to $7.00 per share, higher than the prior outlook

— Expects full-year adjusted 2019 earnings in the range of $6.00 per share to $6.50 per share, higher than the prior outlook

— Sempre shares gained 31% since the beginning of the year

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Add Comment
Viewing Highlight