Sempra (SRE) Misses Q4 Earnings and Revenue Estimates

Core Viewpoint - Sempra reported quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.63 per share, representing an earnings surprise of -7.98% [1]. Financial Performance - The company posted revenues of $3.76 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 23.06%, compared to year-ago revenues of $3.49 billion [2]. - Over the last four quarters, Sempra has not surpassed consensus EPS estimates and has consistently missed revenue estimates [2]. Stock Performance - Sempra shares have declined approximately 0.6% since the beginning of the year, while the S&P 500 has gained 1.7% [3]. - The current Zacks Rank for Sempra is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.55 on revenues of $4.07 billion, and for the current fiscal year, it is $5.13 on revenues of $17.12 billion [7]. - The trend of estimate revisions for Sempra is mixed, which could change following the recent earnings report [6]. Industry Context - The Utility - Gas Distribution industry, to which Sempra belongs, is currently in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8].