Sempra Energy shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued FY23 and FY24 EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Sempra Energy reported lower than expected Q2 revenue results and issued EPS guidance for FY23 and FY24, leading to a decrease in its share price.
August 04, 2023 | 1:54 pm
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NEGATIVE IMPACT
Sempra Energy's stock price is expected to be negatively impacted in the short term due to lower than expected Q2 revenue and future EPS guidance.
Sempra Energy's lower than expected Q2 revenue results and the issuance of EPS guidance for FY23 and FY24 have led to a decrease in its share price. This news is directly related to the company's financial performance and is likely to have a negative impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100