Sempra: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 07:18 AM ET
Last Updated - Jun 21, 2023, 10:56 PM EDT
SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra Energy (SRE) on Thursday reported first-quarter profit of $969 million.
On a per-share basis, the San Diego-based company said it had profit of $3.07. Earnings, adjusted for non-recurring gains, came to $2.92 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.76 per share.
The natural gas and electricity provider posted revenue of $6.56 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $4.03 billion.
