Analysts Estimate Sempra (SRE) to Report a Decline in Earnings: What to Look Out for

Company Overview - Sempra is expected to report quarterly earnings of $1.21 per share, reflecting a year-over-year decline of 9.7% [3] - Revenues are anticipated to reach $3.85 billion, which is a 5.7% increase from the previous year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 22.86% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Sempra is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +11.05% [10][11] Earnings Surprise Prediction - A positive Earnings ESP reading suggests a potential earnings beat, particularly when combined with a strong Zacks Rank [8] - Despite the positive Earnings ESP, Sempra currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat conclusively [11] Historical Performance - In the last reported quarter, Sempra was expected to post earnings of $1.63 per share but delivered only $1.50, resulting in a surprise of -7.98% [12] - The company has not surpassed consensus EPS estimates in any of the last four quarters [13] Industry Context - In comparison, Southwest Gas is expected to report earnings of $1.61 per share, indicating a year-over-year increase of 17.5% [17] - Southwest Gas has seen its consensus EPS estimate revised up by 11.6% over the last 30 days, but it has a negative Earnings ESP of -1.44% [18]