Sempra Energy (SRE) Tops Q1 EPS by 36c

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Go back to Sempra Energy (SRE) Tops Q1 EPS by 36c

Sempra Energy's First-Quarter 2015 Earnings Rise

May 5, 2015 9:01 AM EDT

SAN DIEGO, May 5, 2015 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported first-quarter 2015 earnings of $437 million, or $1.74 per diluted share, up from $247 million, or $0.99 per diluted share, in the first quarter 2014.

Beginning in the first quarter 2015, Southern California Gas Co. (SoCalGas) adopted an order by the California Public Utilities Commission (CPUC) to recognize revenues from the utility's core activities on a seasonally adjusted basis. The application of seasonality in revenues for SoCalGas will result in substantially all of... More