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SAN DIEGO (AP) _ Sempra Energy (SRE) on Thursday reported fourth-quarter earnings of $297 million.
On a per-share basis, the San Diego-based company said it had profit of $1.18. Earnings, adjusted for non-recurring costs, came to $1.23 per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
The natural gas and electricity provider posted revenue of $2.75 billion in the period.
For the year, the company reported profit of $1.16 billion, or $4.63 per share. Revenue was reported as $11.04 billion.
Sempra expects full-year earnings in the range of $4.60 to $5 per share.
Sempra shares have decreased slightly more than 2 percent since the beginning of the year, while the Standard & Poor's 500 index has risen nearly 3 percent. The stock has increased 17 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRE at http://www.zacks.com/ap/SRE
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Keywords: Sempra, Earnings Report
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Sempra Energy
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CODE : SRE |
ISIN : US8168511090 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Sempra Energy is based in United states of america. Sempra Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 18.3 billions as of today (€ 17.1 billions). Its stock quote reached its highest recent level on November 25, 2016 at US$ 99.96, and its lowest recent point on April 23, 2024 at US$ 71.53. Sempra Energy has 255 324 212 shares outstanding. |