Sempra (SRE) Q2 Earnings Miss Estimates, Revenues Decline Y/Y

Sempra Energy (SRE) reported second-quarter 2024 adjusted earnings per share (EPS) of 89 cents, which missed the Zacks Consensus Estimate of 92 cents by 3.3%. The figure also declined 5.3% from earnings of 94 cents per share in the prior-year quarter. Including one-time items, the company generated GAAP earnings of $1.12 per share compared with 95 cents in the second quarter of 2023. Total Revenues Sempra's total revenues of$3.01 billion declined 9.79% from $3.34 billion in the year-ago quarter. This was d ...