Sempra Energy Q3 EPS $1.08 Beats $1.01 Estimate, Sales $3.33B Miss $3.68B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sempra Energy reported Q3 earnings of $1.08 per share, beating the analyst consensus estimate of $1.01 by 6.93%. However, the company's quarterly sales of $3.33 billion missed the analyst consensus estimate of $3.68 billion by 9.40%. This represents a 9.09% increase in earnings and a 7.82% decrease in sales compared to the same period last year.
November 03, 2023 | 10:57 am
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Sempra Energy's Q3 earnings beat estimates but sales missed, indicating mixed financial performance. This could lead to uncertainty in the market.
Sempra Energy's earnings beat estimates, which is a positive signal for investors. However, the sales miss could indicate potential issues in the company's revenue generation, which could negatively impact investor sentiment. The mixed results could lead to uncertainty in the market, potentially affecting the stock price.
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