:max_bytes(150000):strip_icc()/GettyImages-2123627177-517f2d67f92f45e8bab57c8deac94661.jpg?w=1920&resize=1920,1267&ssl=1 "Sempra Stock Leads S&P 500 Decliners on Lowered Profit Forecast | Global News Avenue")
Sempra Stock Leads S&P 500 Decliners on Lowered Profit Forecast
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2123627177-517f2d67f92f45e8bab57c8deac94661.jpg)
Key Points
- Sempra’s stock fell nearly 20% after its fourth-quarter results were not enough to meet analyst expectations.
- Gas and power companies have also cut their profit forecasts for 2025.
- Sempra was the biggest drop in the S&P 500 on Tuesday.
Energy company Sempra (SRE) Inventory is the biggest drop S&P 500 Tuesday afternoon after its fourth quarter results and profits predict Lack of expectations.
Gas and Electricity Holdings reported adjustments earlier on Tuesday Earnings per share (EPS) $3.76 billion in revenue is $1.50 per revenue Year-on-year But below the analyst’s estimates, compiled by the visible alpha.
“Regulatory Matters” cited by Sempra, EPS Outlook Cuts More Cost
Sempra has lowered its 2025 EPS Outlook from $4.90 to $4.30 at $5.25 due to “the context of recent and planned regulatory affairs and a higher cost environment.” The new 2025 EPS Outlook and the expected 2026 $4.80 to $5.30 are both lower than expected.
“With the guidance resettlement in 2025, we have laid a new foundation for a decisive decade of growth,” said Sempra CEO Jeffrey Martin.
Sempra shares recently fell 19% to $70.57, the lowest since last April. The stock hit a record-breaking stock in November and is now trading on negative territory.
:max_bytes(150000):strip_icc()/GettyImages-2123627177-517f2d67f92f45e8bab57c8deac94661.jpg?w=1200&resize=1200,0&ssl=1&description=Sempra+Stock+Leads+S%26P+500+Decliners+on+Lowered+Profit+Forecast+%7C+Global+News+Avenue){kind=link}