San Diego, California-based Sempra (SRE) is an energy services company involved in the sale, distribution, storage, and transportation of electricity and natural gas. With a market cap of around $54 billion, it operates through Sempra California, Sempra Texas Utilities, and Sempra Infrastructure segments. The company is expected to release its Q3 earnings on Friday, Nov. 1.
Ahead of the event, analysts expect Sempra to report a profit of $1.11 per share, up 2.8% from $1.08 per share reported in the year-ago quarter. The company has surpassed or met Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. Its adjusted EPS for the last reported quarter dipped 5.3% year-over-year to $0.89, missing the consensus estimates by 3.3%.
