SAN DIEGO (AP) — SAN DIEGO (AP) — Sempra (SRE) on Thursday reported third-quarter earnings of $877 million.
On a per-share basis, the San Diego-based company said it had net income of $1.34. Earnings, adjusted for non-recurring costs, came to $1.40 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The natural gas and electricity provider posted revenue of $3.19 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $3.35 billion.
Sempra expects full-year earnings in the range of $4.80 to $5.30 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
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
