Sempra Energy (SRE) Misses Q1 EPS by 19c; Trims FY16 EPS Outlook
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May 4, 2016 8:02 AM EDT
SAN DIEGO, May 4, 2016 /PRNewswire/ --Â Sempra Energy (NYSE: SRE) today reported first-quarter 2016 earnings of $319 million, or $1.27 per diluted share, compared with $437 million, or $1.74 per diluted share, in the first quarter 2015.
Sempra Energy's first-quarter 2016 results included a $27 million after-tax loss related to the previously announced agreement to sell Sempra U.S. Gas & Power's stake in the Rockies Express Pipeline (REX) and $24 million of deferred tax expense related to the planned sale of the Termoeléctrica de Mexicali power plant.... More
May 4, 2016 7:01 AM EDT
ST. LOUIS, May 4, 2016 /PRNewswire/ -- Spire Inc. (NYSE: SR) ("Company" or "Spire") today reported operating results for its fiscal 2016 second quarter and first half ended March 31, 2016. Highlights include:
Net economic earnings* of $2.37 per diluted share, up from $2.25 per share a year ago
GAAP earnings of $2.31 per share compared to $2.18 per share in prior year
Agreement to acquire Mobile Gas and Willmut Gas from Sempra Energy
"We delivered another solid performance in the second quarter with net economic earnings increasing to $2.37 per share on... More
