Sempra Reports 2024 Q2 Profits Jumping 18.23%: Continued Growth in Financial Performance
Sempra's Strong Revenue Performance Reflects Resilient Business Strategy in Q2 2024
Sempra Energy [SRE] reported a profit of $713 million in the second quarter of 2024, ending on June 30. This figure represents an increase from the previous quarter's profit of $603 million.
The company, headquartered in San Diego, California, reported to SEC in an 8-K filing $1.12 earnings per share in the quarter, compared to $0.95 in the previous quarter.
Sempra, a prominent player in the energy infrastructure sector, recorded revenues of $3.011 billion in the recent period. This reflects a decrease from the previous quarter's revenue of $3.335 billion.
In comparison to the same quarter in the previous year, Sempra's revenue of $3.011 billion in the current quarter shows a substantial decline from the revenue of $6.651 billion. Additionally, the profit of $713 million in the current quarter reflects a notable increase from the profit of $603 million in the same quarter of the previous year.
As of August 7, 2024 end of day trading.
