Sempra Energy (SRE) reported a profit for third quarter that fell from last year.
The company said its earnings declined to $250 million, or $1.00 per share. This was down from $348 million, or $1.39 per share, in last year's third quarter.
Analysts had expected the company to earn $0.88 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 11.7% to $2.48 billion. This was down from $2.81 billion last year.
Sempra Energy earnings at a glance:
-Earnings (Q3): $250 Mln. vs. $348 Mln. last year.
-Earnings Decline (Y-o-Y): -28.2%
-EPS (Q3): $1.00 vs. $1.39 last year.
-EPS Decline (Y-o-Y): -28.1%
-Analysts Estimate: $0.88
-Revenue (Q3): $2.48 Bln vs. $2.81 Bln last year.
-Revenue Change (Y-o-Y): -11.7%
-Guidance:
Full year EPS guidance: $4.95 to $5.15
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