07.11.2018 13:12:06

Sempra Energy Q3 adjusted earnings Beat Estimates

(RTTNews) - Sempra Energy (SRE) reported a profit for its third quarter that climbed from the same period last year.

The company's earnings came in at $274 million, or $0.99 per share. This compares with $57 million, or $0.22 per share, in last year's third quarter.

Excluding items, Sempra Energy reported adjusted earnings of $339 million or $1.23 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.7% to $2.94 billion from $2.68 billion last year.

Sempra Energy earnings at a glance:

-Earnings (Q3): $339 Mln. vs. $265 Mln. last year. -EPS (Q3): $1.23 vs. $1.04 last year. -Analysts Estimate: $1.13 -Revenue (Q3): $2.94 Bln vs. $2.68 Bln last year.

-Guidance: Full year EPS guidance: $5.30 - $5.80

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