Sempra Energy has reported strong first-quarter earnings, with an EPS of $2.91 beating estimates by $0.11, and revenue reaching $3.82 billion, surpassing analyst expectations by $408.3 million. This marks a 17.2% year-on-year revenue growth, reinforcing Sempra's position as a leading infrastructure stock. Hedge fund interest is notable, with 23 firms holding positions worth around $209 million, and the company has experienced a share price rally of 14.15% year-to-date.
“Sempra · is based in · California · true”
“Sempra · provides · gas and electricity · in California and Texas”
“Sempra · reported · EPS · $2.91”
“Sempra · reported · revenue · $3.82 billion”
“Sempra · EPS · $2.91 · beat Street estimates by $0.11”
“Sempra · revenue · $3.82 billion · beat analysts’ expectations by $408.3 million”
“Sempra · provides · gas and electricity · in California”
“Sempra · reported · EPS · $2.91”
“Sempra · raked in · revenue · $3.82 billion”
“Sempra · has · 3.04% yield · as of June 27”
“Sempra · beat · analysts’ expectations · $408.3 million”
“Sempra Energy (SRE) · has · an enormous price-to-earnings ratio · not its best asset”
