Sempra Energy (SRE) Tops Q4 EPS by 9c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

Sempra Energy (NYSE: SRE) reported Q4 EPS of $1.56, $0.09 better than the analyst estimate of $1.47. Revenue for the quarter came in at $3.22 billion versus the consensus estimate of $3 billion.

"Our strong 2018 operational and financial results confirm that we're on track to fulfill our mission to become North America's premier energy infrastructure company," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "Over the past year, we made significant strides in all aspects of our business. We expanded our Texas regulated utility platform with the acquisition of our majority interest in Oncor. Also, we delivered outstanding safety, reliability and customer service at our California utilities, while advancing our role in North America\'s liquefied natural gas (LNG) export market. Moreover, we executed our strategy to realign our portfolio to support our core mission. These results are a testament to our team's ability to deliver value to our owners."

GUIDANCE:

Sempra Energy sees FY2019 EPS of $5.70-$6.30, versus the consensus of $6.03.

For earnings history and earnings-related data on Sempra Energy (SRE) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Nike names former Pfizer CFO David Denton as new finance chief
• After-Hours Stock Movers: FDX, CBRS, NKE