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SAN DIEGO (AP) _ Sempra Energy (SRE) on Tuesday reported third-quarter profit of $248 million.
The San Diego-based company said it had profit of 99 cents per share. Earnings, adjusted for non-recurring costs, came to $1 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The natural gas and electricity provider posted revenue of $2.48 billion in the period.
Sempra expects full-year earnings in the range of $4.95 to $5.15 per share.
Sempra shares have declined 8 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2 percent. The stock has decreased roughly 7 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRE at http://www.zacks.com/ap/SRE
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Keywords: Sempra, Earnings Report
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Sempra Energy
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CODE : SRE |
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ISIN : US8168511090 |
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Sempra Energy is based in United states of america. Sempra Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 23.2 billions as of today (€ 21.9 billions). Its stock quote reached its highest recent level on November 25, 2016 at US$ 99.96, and its lowest recent point on November 14, 2024 at US$ 90.89. Sempra Energy has 255 324 212 shares outstanding. |