Categories Earnings, Energy

Sempra Energy (NYSE: SRE): Q3 2019 Earnings Snapshot

— Sempra Energy (NYSE: SRE) reported adjusted earnings of $1.50 per share for the third quarter of 2019, vs. $1.47 per share expected

— On a reported basis, it registered net profit of $813 million or $2.84 per share, compared to $274 million or $0.99 per share a year earlier

— Third-quarter revenues advanced to $2.76 billion from $2.57 billion in the same period of last year, vs. $2.94 billion expected

— Expects full-year 2019 earnings in the range of $6.50 per share to $7.00 per share, higher than the prior outlook

— Expects full-year adjusted 2019 earnings in the range of $6.00 per share to $6.50 per share, higher than the prior outlook

— Sempre shares gained 31% since the beginning of the year

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