Sempra Lowers 2025 Profit Forecast
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Wall Street estimatesReuters
•Business
Business & Economics
Sempra lowers 2025 profit forecast citing high costs, shares slump

83% Informative
Sempra lowered its 2025 profit forecast and gave an outlook for earnings next year that was below Wall Street estimates.
Utility firm also increased its capital expenditure plan for 2025-29 by 16% to focus on regulated utility investments in Texas and California .
Shares of the company fell 11.7% in premarket trading.
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