BUZZ-Sempra falls after 2025 profit forecast cut, Q4 earnings miss

Updates

Shares of utility Sempra SRE.N fall ~16.4% to $72.85

SRE lowers 2025 profit forecast to a range of $4.30 to $4.70 per share from its prior expectation of $4.90 to $5.25

Analysts expect profit of $5.15 per share in 2025 - data compiled by LSEG

SRE posts Q4 adjusted profit of $1.50 per share, missing the estimate of $1.60 per share

Company raises five-year capital spending plan to $56 billion, a 16% increase from its prior plan

Including session losses, shares down 16.9% YTD