Sempra: Q4 Earnings Snapshot

Associated Press Finance
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SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra Energy (SRE) on Tuesday reported fourth-quarter net income of $748 million.

The San Diego-based company said it had profit of $1.16 per share. Earnings, adjusted for non-recurring gains, came to $1.13 per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.13 per share.

The natural gas and electricity provider posted revenue of $3.49 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $4.03 billion.

For the year, the company reported profit of $3.08 billion, or $4.79 per share. Revenue was reported as $16.72 billion.

Sempra expects full-year earnings to be $4.60 to $4.90 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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