Reports Q1 revenue $3.80B, consensus $3.92B. “We are pleased to report a solid quarter for Sempra, which is the direct result of continued focus on delivering strong financial performance while making steady progress on our strategic initiatives,” said Jeffrey Martin, CEO. “We remain committed to our disciplined growth strategy, which centers on delivering safer and more reliable energy to the nearly 40 million consumers we serve. These value creation initiatives aim to increase long-term value for shareholders, employees, customers and other stakeholders. In Q1, we made steady progress against our plan of execution. As we extend this work across 2025, we expect to advance the company’s ability to deliver improved earnings growth and drive enhanced benefits for consumers and communities across our service territories.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRE:
- Sempra Energy (SRE) Q1 Earnings Cheat Sheet
- Sempra Energy price target raised to $89 from $86 at Morgan Stanley
- Sempra Energy price target lowered to $75 from $77 at Jefferies
- Citi cuts Sempra Energy target, opens ‘upside catalyst watch’
- Strategic Divestments and Utility Focus: Justifying Sempra Energy’s Buy Rating