Sempra Energy (SRE) Misses Q1 EPS by 22c
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Sempra Energy Announces First-Quarter 2018 Results
May 7, 2018 6:55 AM EDTSAN DIEGO, May 7, 2018 /PRNewswire/ --Â Sempra Energy (NYSE: SRE) today reported first-quarter 2018 earnings of $347 million, or $1.33 per diluted share, compared with first-quarter 2017 earnings of $441 million, or $1.75 per diluted share.
Sempra Energy's first-quarter 2018 earnings included higher financing costs at the parent company. These financing costs were incurred starting in January, primarily related to the anticipated acquisition of a majority stake in Oncor Electric Delivery Company LLC (Oncor), which was completed in early March. First-quarter 2018 consolidated results also reflected $25 million... More
