Sempra Energy (SRE) Tops Q4 EPS by 13c; Affirms Earnings-Per-Share Guidance Range

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Go back to Sempra Energy (SRE) Tops Q4 EPS by 13c; Affirms Earnings-Per-Share Guidance Range

Sempra Energy Reports Strong 2017 Operating Results

February 27, 2018 6:55 AM EST

SAN DIEGO, Feb. 27, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported earnings of $256 million, or $1.01 per diluted share, in 2017, compared with earnings of $1.37 billion, or $5.46 per diluted share, in 2016.

On an adjusted basis, Sempra Energy's 2017 earnings increased to $1.37 billion, or $5.42 per diluted share, from $1.27 billion, or $5.05 per diluted share, in 2016. Among the items excluded from 2017 adjusted earnings was a fourth-quarter $870 million income-tax expense related to the impact of the Tax Cuts and Jobs Act of 2017. A portion of this... More