Sempra (SRE) reported impressive Q1 earnings that surpassed estimates, despite missing on revenue expectations. Consequently, financial stakeholders increased their holdings in Sempra, affirming its strong position in the stock market. The company outlined a $13B energy infrastructure investment for 2025 aimed at strategic growth. Meanwhile, Sempra has experienced some stock fluctuations with both sales by prominent financial entities, and purchases indicating new positions in Sempra's shares. FY25 and FY26 earnings outlook have been confirmed. However, the market reacts sensitively to updates such as the company's executive pay packet and reduced future profit forecasts due to higher costs. Yet, analysts deem Sempra among the best utility and infrastructure stocks to invest in, with some projecting a price increase in the future and recommending the company as a good recession buy. The company’s CEO, Martin, is set to present more strategic updates and financial results soon. Despite mixed responses regarding Sempra's performance, this energy powerhouse is viewed as a 'sleeper stock with growth and yield' by Jim Cramer of CNBC.
Sempra SRE News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 20:11:23 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 1
