Investing.com - Sempra Energy (NYSE:SRE) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sempra Energy announced earnings per share of $1.98 on revenue of $3.55B. Analysts polled by Investing.com anticipated EPS of $1.78 on revenue of $3B.
Sempra Energy shares are up 59.13% from the beginning of the year and are trading at $164.57 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 9.66% 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 Friday, July 22, 2022, who reported EPS of $0.81 on revenue of $5.18B, compared to forecasts EPS of $0.7598 on revenue of $5.35B.
Duke Energy had beat expectations on Thursday with second quarter EPS of $1.14 on revenue of $6.69B, compared to forecast for EPS of $1.07 on revenue of $5.9B.
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