Sempra Energy (SRE) announced a profit for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $77 million, or $0.12 per share. This compares with $638 million, or $1.00 per share, last year.
Excluding items, Sempra Energy reported adjusted earnings of $728 million or $1.11 per share for the period.
Analysts on average had expected the company to earn $0.91 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.5% to $3.151 billion from $2.776 billion last year.
Sempra Energy earnings at a glance (GAAP) :
-Earnings: $77 Mln. vs. $638 Mln. last year.-EPS: $0.12 vs. $1.00 last year.-Revenue: $3.151 Bln vs. $2.776 Bln last year.
-Guidance:Full year EPS guidance: $4.30 - $4.70
FY26 EPS Guidance: $4.80 - $5.30
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.