Recap: Sempra Energy Q1 Earnings

Sempra Energy (NYSE:SRE) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM. Here’s what…

Sempra Energy (NYSE:SRE) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Sempra Energy beat estimated earnings by 5.42%, reporting an EPS of $2.92 versus an estimate of $2.77.

Revenue was up $2.74 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.31 which was followed by a 1.4% drop in the share price the next day.

Here’s a look at Sempra Energy’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.04 1.85 1.73 2.75
EPS Actual 2.35 1.97 1.98 2.91
Revenue Estimate 3.79B 3.36B 2.94B 3.34B
Revenue Actual 3.46B 3.62B 3.55B 3.82B

To track all earnings releases for Sempra Energy visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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