08:36 AM EST, 11/06/2024 (MT Newswires) -- Sempra ( SRE ) reported Q3 adjusted earnings Wednesday of $0.89 per diluted share, down from $1.08 a year earlier.

Analysts polled by Capital IQ expected $1.07.

Revenue for the quarter ended Sept. 30 was $2.78 billion, down from $3.33 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.51 billion.

For 2024, the electric and natural gas utility company affirmed its prior adjusted earnings guidance of $4.60 to $4.90 per share. Analysts polled by Capital IQ expect $4.78.

For 2025, the company reaffirmed its adjusted earnings guidance of $4.90 to $5.25 per share. Analysts polled by Capital IQ expect $5.15.

The company also reaffirmed its projected long-term earnings per share growth rate of approximately 6% to 8%.

Shares of the company declined 2% in recent Wednesday premarket activity.

Price: 80.56, Change: -1.69, Percent Change: -2.05