Sempra Energy (NYSE:SRE) will be announcing its earnings results before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of $1.04 per share for the quarter. Sempra Energy has set its FY17 guidance at $5.00-5.30 EPS and its FY18 guidance at $5.30-5.80 EPS.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings data on Friday, August 4th. The utilities provider reported $1.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.30. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.46 billion. Sempra Energy had a return on equity of 9.11% and a net margin of 15.51%. The company’s revenue was up 17.5% on a year-over-year basis. During the same period last year, the company earned $0.79 earnings per share. On average, analysts expect Sempra Energy to post $5.18 EPS for the current fiscal year and $5.51 EPS for the next fiscal year.

Shares of Sempra Energy (SRE) traded up 0.101% during mid-day trading on Monday, reaching $114.245. The company had a trading volume of 185,880 shares. Sempra Energy has a 52-week low of $92.95 and a 52-week high of $120.17. The firm’s 50-day moving average price is $115.83 and its 200 day moving average price is $114.36. The company has a market cap of $28.68 billion, a price-to-earnings ratio of 16.898 and a beta of 0.55.

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, October 15th. Investors of record on Friday, September 22nd were given a dividend of $0.8225 per share. The ex-dividend date was Thursday, September 21st. This represents a $3.29 annualized dividend and a dividend yield of 2.88%. Sempra Energy’s dividend payout ratio is currently 48.74%.

TRADEMARK VIOLATION WARNING: “Sempra Energy (SRE) to Release Quarterly Earnings on Monday” was posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/23/sempra-energy-sre-to-release-quarterly-earnings-on-monday.html.

Several analysts recently weighed in on SRE shares. Wells Fargo & Company dropped their price objective on Sempra Energy from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Tuesday, October 10th. J P Morgan Chase & Co dropped their price objective on Sempra Energy from $126.00 to $125.00 and set a “neutral” rating for the company in a research report on Thursday, October 12th. Goldman Sachs Group, Inc. (The) upgraded Sempra Energy from a “neutral” rating to a “buy” rating and increased their target price for the company from $117.00 to $129.00 in a research report on Wednesday, October 11th. Zacks Investment Research downgraded Sempra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, BidaskClub downgraded Sempra Energy from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $124.22.

Sempra Energy Company Profile

Sempra Energy is a holding company. The Company’s principal operating units are Sempra Utilities, which includes its San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas) and Sempra South American Utilities segments, and Sempra Infrastructure, which includes its Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream segments.

Earnings History for Sempra Energy (NYSE:SRE)

Receive News & Ratings for Sempra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra Energy and related companies with MarketBeat.com's FREE daily email newsletter.