Sempra Q3 Earnings Miss Estimates, Revenues Decline Y/Y
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Sempra's Q3 earnings report reveals a significant decline in revenues, missing both year-over-year comparisons and the Zacks Consensus Estimate.
November 06, 2024 | 8:00 pm
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NEGATIVE IMPACT
Sempra's Q3 earnings report shows a 16.7% decline in total revenues compared to the previous year, missing the Zacks Consensus Estimate by 27.5%.
The significant decline in revenues and the miss on the Zacks Consensus Estimate suggest potential negative sentiment from investors, likely leading to short-term downward pressure on Sempra's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100