Investing.com - Sempra Energy (NYSE:SRE) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.92 on revenue of $2.9B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $3.04B. That compared to EPS of $1.43 on revenue of $2.96B in the same period a year earlier. The company had reported EPS of $1.56 on revenue of $3.22B in the previous quarter.
For the year, Sempra Energy shares are up 16.82%, under-performing the S&P 500 which is up 18.39% year to date.
Sempra Energy follows other major Utilities sector earnings this month
On Tuesday, April 23, 2019, NextEra Energy reported first quarter EPS of $2.2 on revenue of $4.08B, compared to forecasts of EPS of $2.05 on revenue of $4.38B.
Enterprise Products Partners LP earnings beat analyst's expectations on Wednesday, May 1, 2019, with first quarter EPS of $0.57 on revenue of $8.54B. Investing.com analysts expected EPS of $0.48 on revenue of $9.23B
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