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Monday, October 30, 2017

=Sempra Energy (SRE) reported earnings on Mon 30 Oct 2017 (b/o)

Sempra Energy is an American natural gas utilities holding company.
  • Headquarters: San Diego, CA
  • Founded: 1998
  • sempra.com
  • Div/yield 0.82/2.83



Sempra Energy misses by $0.01, beats on revs; reaffirms FY17 EPS guidance 
  • Reports Q3 (Sep) earnings of $1.04 per share, excluding non-recurring items, $0.01 worse thanthe Capital IQ Consensus of $1.05; revenues rose 5.7% year/year to $2.68 bln vs the $2.64 bln Capital IQ Consensus.
  • Co reaffirms guidance for FY17, sees EPS of $5.00-5.30 vs. $5.23 Capital IQ Consensus Estimate.
  • "Based on our strong operating and financial performance through the first nine months, we are on track for one of the best years in our history...During the third quarter, we saw continued growth in our utility and infrastructure businesses, while laying the groundwork for a significant new growth platform with our agreement to acquire a majority stake in Oncor."

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