Sempra Q2 2024 Adj. EPS $0.89 Misses $0.94 Estimate, Sales $3.011B Miss $3.404B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sempra (NYSE:SRE) reported Q2 2024 adjusted EPS of $0.89, missing the analyst estimate of $0.94. Sales were $3.011 billion, also missing the estimate of $3.404 billion and down 9.72% from the same period last year.
August 06, 2024 | 11:56 am
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NEGATIVE IMPACT
Sempra's Q2 2024 earnings and sales both missed analyst estimates, with sales also showing a year-over-year decline.
Sempra's Q2 2024 earnings per share and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The significant miss in sales and the year-over-year decline add to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100