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

ReutersFeb 25, 2025 4:17 PM

Updates

Shares of utility Sempra SRE.N fall 23% to $67.19

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

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 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's losses, shares down 25.26% YTD

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