Get Cash Back and $0 Commissions
+ The Power of TradeStation
Business Wire 26-Feb-2025 9:00 AM
Law Offices of Howard G. Smith announces an investigation on behalf of Sempra ("Sempra" or the "Company") (NYSE: SRE) investors concerning the Company's possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMPRA (SRE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Is The Investigation About?
On February 25, 2025, before the market opened, Sempra released its fourth quarter and full year 2024 financial results, reporting $3.76 billion in annual revenue, which missed consensus estimates by $970 million. The Company also lowered its 2025 earnings guidance to $4.50 per share at the midpoint, compared to the previous outlook of $5.00 per share at the midpoint. The Company blamed the disappointing results on, among other things, "higher interest and operating expenses and lower consumption primarily due to mild weather."
On this news, Sempra's stock price fell $16.54, or 19%, to close at $70.64 per share on February 25, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Sempra securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@howardsmithlaw.com, Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226981417/en/
Contact Us: Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com