Sempra Energy (SRE) Misses Q1 EPS by 19c; Trims FY16 EPS Outlook
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Sempra Energy Announces First-Quarter 2016 Financial Results
May 4, 2016 8:02 AM EDTSAN 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
Spire Reports Second Quarter Results
May 4, 2016 7:01 AM EDTST. 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
