Sempra Energy Narrows FY24 EPS Outlook Range - Update

RTTNews | 547 dagar sedan
Sempra Energy Narrows FY24 EPS Outlook Range - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, energy infrastructure company Sempra Energy (SRE) narrowed its earnings guidance for the full-year 2024, and initiated earnings outlook for the full-year 2025.

For fiscal 2024, Sempra Energy now projects earnings in a range of $4.60 to $4.90 per share, compared to the prior guidance range of $4.30 to $4.60 per share.

On average, 18 analysts polled by Thomson Reuters expect the company to report earnings of $4.83 per share for the year. Analysts' estimates typically exclude special items.

The company also initiated its earnings guidance for fiscal 2025 in a range of $4.90 to $5.25 per share.

Further, the company is affirming its projected long-term earnings per share growth rate of approximately 6 to 8 percent.

Sempra's board of directors declared a $0.62 per share quarterly dividend on the company's common stock, which is payable April 15, 2024, to common stock shareholders of record at the close of business on March 21, 2024.

Sempra's board of directors also declared a semi-annual dividend of $24.375 per share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C, payable April 15, 2024, to preferred stock shareholders of record at the close of business on April 1, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Sempra Energy Affirms FY22, FY23 EPS Outlook - Update

Sempra Energy Affirms FY22, FY23 EPS Outlook - Update

While reporting financial results for the second quarter on Thursday, energy infrastructure company Sempra Energy (SRE) reaffirmed its earnings guidance for the full-year 2022, and full-year 2023.
RTTNews | 1119 dagar sedan
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 12 minuter sedan
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 55 minuter sedan
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1h 3minuter sedan
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1h 12minuter sedan
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1h 20minuter sedan
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 1h 42minuter sedan