Sempra Energy (SRE - Free Report) is set to report second-quarter 2018 results on Aug 6, before the market opens.
In the last reported quarter, the company reported a negative earnings surprise of 14.37%. However, it surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters, the average beat being 8.28%.
Let’s see how things are shaping up prior to this announcement.
Why a Likely Positive Surprise?
Our proven model shows that Sempra Energy is likely to beat estimates this quarter. That is because it has the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP: Sempra Energy has an Earnings ESP of +0.43%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #3, which along with a positive Earnings ESP indicates a positive surprise.
Please note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into earnings announcements.
Sempra Energy Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Sempra Energy (SRE - Free Report) is set to report second-quarter 2018 results on Aug 6, before the market opens.
In the last reported quarter, the company reported a negative earnings surprise of 14.37%. However, it surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters, the average beat being 8.28%.
Let’s see how things are shaping up prior to this announcement.
Why a Likely Positive Surprise?
Our proven model shows that Sempra Energy is likely to beat estimates this quarter. That is because it has the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP: Sempra Energy has an Earnings ESP of +0.43%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #3, which along with a positive Earnings ESP indicates a positive surprise.
Please note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into earnings announcements.
Sempra Energy Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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