Sempra Energy SRE announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts expect Sempra Energy earnings of $1.18 per share. Revenue will likely be around $2.65 billion, according to the consensus estimate.
If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 7.27 percent. Revenue would be up 4.62 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.66 | 1.41 | 1.04 | 0.87 |
| EPS Actual | 1.43 | 1.54 | 1.04 | 1.1 |
Stock Performance
Over the last 52-week period, shares are down 0.37 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Sempra Energy stock as Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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