Investing.com - Sempra Energy (NYSE:SRE) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.56 on revenue of $3.22B. Analysts polled by Investing.com forecast EPS of $1.46 on revenue of $3B. That compared to EPS of $1.54 on revenue of $2.96B in the same period a year earlier. The company had reported EPS of $1.23 on revenue of $2.94B in the previous quarter.
For the year, Sempra Energy shares are up 8.69%, under-performing the S&P 500 which is up 12.88% year to date.
Sempra Energy follows other major Utilities sector earnings this month
On Friday, February 15, 2019, Enbridge reported fourth quarter EPS of $0.49 on revenue of $8.71B, compared to forecasts of EPS of $0.47 on revenue of $6.46B.
Duke Energy earnings missed analyst's expectations on Thursday, February 14, 2019, with fourth quarter EPS of $0.84 on revenue of $6.12B. Investing.com analysts expected EPS of $0.89 on revenue of $6.12B
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