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Sempra (SRE) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 15:06
Sempra (SRE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.04%. A quarter ago, it was expected that this natural gas and electricity provider would post earnings of $0.92 per share when it actually produced earnings of $0.89, delivering a surprise of -3.26%.Over the last four qu ...
Oncor Reports Third Quarter 2024 Results
Prnewswire· 2024-11-06 13:05
DALLAS, Nov. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended September 30, 2024 net income of $324 million compared to three months ended September 30, 2023 net income of $380 million. The $56 million decrease was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expense, partially offset by overall higher revenues primarily attributable to updated interim rates ...
Sempra Reports Third-Quarter 2024 Earnings Results
Prnewswire· 2024-11-06 12:55
SAN DIEGO, Nov. 6, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported third-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $638 million, or $1.00 per diluted share, compared to third-quarter 2023 GAAP earnings of $721 million, or $1.14 per diluted share. On an adjusted basis, the company's third-quarter 2024 earnings were $566 million, or $0.89 per diluted share, compared to $685 million, or $1.08 per diluted share in third-quarter 2023. ...
Sempra Earns Perfect Score on CPA-Zicklin Index
Prnewswire· 2024-10-28 11:55
SAN DIEGO, Oct. 28, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been recognized as a Trendsetter for the ninth consecutive year for its civic transparency by the Center for Political Accountability's annual CPA-Zicklin Index of Corporate Political Disclosure and Accountability. Sempra received a perfect score of 100% and was named a "Model Code" company for demonstrating an emblematic commitment to ethical behavior. The CPA-Zicklin Index, which is produced in conjunction with the Zicklin Center f ...
ONCOR TO RELEASE THIRD QUARTER 2024 RESULTS NOVEMBER 6
Prnewswire· 2024-10-22 16:22
DALLAS, Oct. 22, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its third quarter 2024 results on November 6, prior to Sempra's (NYSE: SRE) (BMV: SRE) third quarter 2024 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.Sempra executives will host a conference call at 12 p.m. ET on Wednesday, November 6 that will include discussion of Oncor's third quarter 2024 operational and financial results. Investors, media, analysts a ...
Sempra to Report Third-Quarter 2024 Earnings November 6
Prnewswire· 2024-10-21 21:46
Earnings Release and Conference Call - Sempra plans to release its third-quarter 2024 earnings by 8 a m ET on Wednesday, November 6 [1] - A conference call hosted by Jeffrey W Martin, Karen Sedgwick, and other senior leaders will take place at 12 p m ET on the same day [1] - A live webcast of the conference call will be available for investors, media, analysts, and the public after registering on the company's Investors website [1] - An accompanying slide presentation detailing the earnings results will be published on Sempra's Investors site by 8 a m ET on November 6 [1] - A replay of the webcast will be available a few hours after the conclusion of the live event [1] Company Overview - Sempra is a leading North American energy infrastructure company delivering energy to nearly 40 million consumers [2] - The company owns one of the largest energy networks on the continent, focusing on electrifying and improving energy resilience in key markets such as California, Texas, Mexico, and global energy markets [2] - Sempra is recognized for its sustainable business practices and high-performance culture, as evidenced by its inclusion in the Dow Jones Sustainability Index North America and The Wall Street Journal's Best Managed Companies [2]
Sempra Infrastructure CEO Justin Bird Receives 'Energy Leader of the Year' Award
Prnewswire· 2024-10-17 21:10
HOUSTON, Oct. 17, 2024 /PRNewswire/ -- Sempra Infrastructure CEO Justin Bird was honored as the Energy Leader of the Year during the Gulf Energy Information Excellence Awards held last week in Houston. The awards event recognized the energy industry's innovation and thought leaders. "I am honored and humbled to have been recognized amongst my peers for the prestigious Energy Leader of the Year Award," said Bird. "This honor is a recognition of the work of the broader Sempra Infrastructure team and the dedic ...
Latino Restaurant Association Celebrates Hispanic Heritage Month by Awarding 23 Grants to Small Central Valley Restaurants with Donation from SoCalGas
Prnewswire· 2024-10-15 20:55
Media assets here LOS ANGELES, Oct. 15, 2024 /PRNewswire/ -- The Latino Restaurant Association (LRA) announced that 23 independently owned restaurants in the Central Valley will receive grants of $3,500 each, made possible by a $100,000 grant from Southern California Gas Co. (SoCalGas). A check presentation was held Tuesday with grant recipient Mi Favorito restaurant in the City of Fowler. The full list of grant recipients is here: https://latinorestaurantassociation.org/. Since 2020, SoCalGas has supported ...
Brotherhood Crusade's New Danny J. Bakewell, Sr. Community Garden Will Serve South LA Families with $75,000 Donation from SoCalGas
Prnewswire· 2024-10-09 23:26
Media assets here LOS ANGELES, Oct. 9, 2024 /PRNewswire/ -- Today, Southern California Gas Co. (SoCalGas) presented a $75,000 donation to Brotherhood Crusade to support the development of the new Danny J. Bakewell, Sr. Community Garden at the organization's headquarters in South Los Angeles. Bakewell served as president and chief executive officer for 35 years at Brotherhood Crusade, a 50-year-old grassroots organization dedicated to improving the lives of low-income, underserved, under-represented and dise ...
Sempra: Still A Buyable Dividend Growth Stock
Seeking Alpha· 2024-09-20 11:30
Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards financial independence using dividend growth investing as the means to transform the dream of financial independence into a reality. It's also the ins ...