Investing.com - Sempra Energy (NYSE:SRE) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sempra Energy announced earnings per share of $2.16 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $2 on revenue of $3.55B.
Sempra Energy shares are up 1.47% from the beginning of the year and are trading at $134.23 , down-from-52-week-high.They are outperforming the S&P 500 which is down 10.02% from the start of the year.
Sempra Energy follows other major Utilities sector earnings this month
Sempra Energy's report follows an earnings missed by Duke Energy on Thursday, February 10, 2022, who reported EPS of $0.94 on revenue of $6.24B, compared to forecasts EPS of $0.9615 on revenue of $6.53B.
Iberdrola SA had beat expectations on Wednesday with fourth quarter EPS of $0.9513 on revenue of $12.59B, compared to forecast for EPS of $0.8638 on revenue of $13.66B.
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