Sempra: Q3 Earnings Snapshot

Associated Press Finance
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SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra Energy (SRE) on Friday reported third-quarter profit of $721 million.

The San Diego-based company said it had net income of $1.14 per share. Earnings, adjusted for non-recurring gains, were $1.08 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.

The natural gas and electricity provider posted revenue of $3.33 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $3.84 billion.

Sempra expects full-year earnings in the range of $4.30 to $4.60 per share.

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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 https://www.zacks.com/ap/SRE

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