Sempra Energy Raises 2011 Earnings Outlook

Sempra Energy

today said it expects to meet or exceed the higher end of its prior 2011 earnings-per-share guidance range of $4 to $4.30, excluding a second-quarter $1.14 per-share gain from the company's South American utility acquisitions. Sempra Energy fourth-quarter and full-year 2011 financial results are scheduled to be announced Feb. 28, 2012. On a GAAP basis, Sempra Energy's prior earnings-per-share guidance range for 2011 was $5.14 to $5.44 and the company expects to meet or exceed the higher end of this range, as well. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2010 revenues of $9 billion. The Sempra Energy companies' 17,500 employees serve more than 31 million consumers worldwide.