Investing.com - Sempra Energy (NYSE:SRE) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sempra Energy announced earnings per share of $2.95 on revenue of $3.26B. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $3.28B.
Sempra Energy shares are up 13.36% from the beginning of the year and are trading at $137.98 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.86% from the start of the year.
Sempra Energy follows other major Utilities sector earnings this month
Sempra Energy's report follows an earnings beat by NextEra Energy on Wednesday, April 21, 2021, who reported EPS of $0.67 on revenue of $3.73B, compared to forecasts EPS of $0.6097 on revenue of $4.87B.
Southern had beat expectations on Thursday, April 29, 2021 with first quarter EPS of $0.98 on revenue of $5.91B, compared to forecast for EPS of $0.8327 on revenue of $5.49B.
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