WASHINGTON (dpa-AFX) - (Adds Outlook)
Citing the company's strong execution and financial results in the first nine months of the year, Sempra Energy (SRE) lifted its full-year 2022 adjusted EPS guidance range to $8.70-$9.00 from $8.10-$8.70 provided earlier. Analysts expect the company to report earnings of $8.66 per share.
Sempra also affirmed its 2023 EPS guidance range of $8.60 to $9.20. The consensus estimate stands at $9.03.
Below are the earnings highlights for Sempra Energy (SRE):
Earnings: $485 million in Q3 vs. -$648 million in the same period last year. EPS: $1.53 in Q3 vs. -$2.03 in the same period last year. Excluding items, Sempra Energy reported adjusted earnings of $622 million or $1.97 per share for the period.
Analysts projected $1.79 per share Revenue: $3.617 billion in Q3 vs. $3.013 billion in the same period last year.
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