Sempra Stock Is Today's Worst in S&P 500 After Earnings. Here's Why.
Sempra cuts its earnings guidance due to ‘regulatory matters and a higher-cost environment.'
Sempra (SRE) Misses Q4 Earnings and Revenue Estimates
Sempra (SRE) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.13 per share a year ago.
Sempra: Another Boring Utility So You Can Sleep Well At Night
Sempra is a solid dividend growth stock with a BBB+ credit rating and undervalued shares, making it a buy. Despite a 16.7% revenue decline in Q3, SRE's long-term EPS growth rate of 6-8% remains strong, driven by Texas growth. SRE's 3% dividend yield is secure, with a low payout ratio and a 14-year growth streak, ensuring dividend consistency.
Sempra Energy Rides on Investments Amid Restoration Expense Risk
SRE is expected to gain from its systematic investment plan and higher demand. Yet, restoration expenses may hurt the company.
The utilities sector is in a supercycle, says Sempra CEO Jeffrey Martin
Sempra Chairman and CEO Jeffrey Martin joins 'Mad Money' host Jim Cramer to talk quarterly results, competition in the space, the state of the utilities sector and more.
Sempra (SRE) Up 1.3% Since Last Earnings Report: Can It Continue?
Sempra (SRE) reported earnings 30 days ago. What's next for the stock?
Sempra: Positioned For The Future Growth, But Wait For A Dip
Sempra Energy offers diversified revenue streams through regulated utilities and energy infrastructure. Despite short-term earnings pressure from declining revenues in California and rising costs, its strategic investments in LNG and various renewable projects promise significant growth. Management is projecting 6-8% annual earnings growth, supported by a $48B five-year capital plan focusing on modernization and expansion efforts.
Sempra: Above-Average Growth Prospects For A Utility Company
Sempra's diversified operations in California, Texas, and its Port Arthur LNG projects offer strong growth prospects moving forward. Despite recent earnings misses, Sempra reaffirmed its FY2024 and FY2025 guidance, highlighting bullish updates on Port Arthur LNG Phase 1 and Phase 2. Trading in line with the utility sector, Sempra's higher growth potential makes it a buy, but I recommend starting small and adding on dips.
Sempra Energy Rides on Investments Amid Restoration Expense Risk
SRE is expected to benefit from its systematic investment plan and higher demand. However, restoration expenses may hurt the company.
Sempra (SRE) Q3 2024 Earnings Call Transcript
Sempra (NYSE:SRE ) Q3 2024 Earnings Conference Call November 6, 2024 12:00 PM ET Company Participants Glen Donovan - SVP, Finance Jeff Martin - Chairman & Chief Executive Officer Karen Sedgwick - Executive Vice President & Chief Financial Officer Justin Bird - Executive Vice President and Chief Executive Officer of Sempra Infrastructure Allen Nye - Chief Executive Officer of Oncor Conference Call Participants Nick Campanella - Barclays Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Carly Davenport - Goldman Sachs Durgesh Chopra - Evercore ISI Steve Fleishman - Wolfe Operator Good day, and welcome to Sempra's Third Quarter Earnings Call. Today's conference is being recorded.
Sempra Q3 Earnings Miss Estimates, Revenues Decline Y/Y
SRE's total revenues of $2.78 billion decline 16.7% from the year-ago level. The top line also misses the Zacks Consensus Estimate by 27.5%.
Sempra (SRE) Lags Q3 Earnings and Revenue Estimates
Sempra (SRE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago.
