Sempra reports results for the quarter ended June 30 - Earnings Summary

• Sempra SRE.N reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of twelve analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 82 cents to 88 cents per share.

• Revenue fell 0.4% to $3.00 billion from a year ago; analysts expected $3.10 billion.

• Sempra's reported EPS for the quarter was 71 cents​.

• The company reported quarterly net income of $461 million.

• Sempra shares had risen by 7.1% this quarter and lost 7.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is also "buy"

• Wall Street's median 12-month price target for Sempra is $82.00, about 1% above its last closing price of $81.15

This summary was machine generated from LSEG data August 7 at 05:35 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)