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Sempra Energy Q2 adjusted earnings Beat Estimates

Sempra Energy (SRE) released earnings for its second quarter that rose from the same period last year.

The company's bottom line came in at $2.24 billion, or $7.61 per share. This compares with $0.35 billion, or $1.26 per share, in last year's second quarter.

Excluding items, Sempra Energy reported adjusted earnings of $485 million or $1.65 per share for the period.

Analysts had expected the company to earn $1.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.5% to $2.53 billion from $2.23 billion last year.

Sempra Energy earnings at a glance:

-Earnings (Q2): $485 Mln. vs. $309 Mln. last year.
-EPS (Q2): $1.65 vs. $1.10 last year.
-Analysts Estimate: $1.50
-Revenue (Q2): $2.53 Bln vs. $2.23 Bln last year.

-Guidance:
Full year EPS guidance: $7.20 to $7.80

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