News for Sempra Energy (SE4.F)

The following slide deck was published by Sempra Energy in conjunction with their 2020 Q4 earnings call.

The idea behind deregulated electricity markets is that competitive markets always produce lower costs and higher quality service than regulated monopolies. The reality of electricity, however, has proven quite different.

Sempra Energy (NYSE:SRE) Q4 2020 Earnings Conference Call February 25, 2021 12:00 ET Company Participants Nelly Molina - Vice President, Investor Relations Jeffrey Martin - Chairman &...

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Papa John’s International delivered lower-than-expected earnings in the fourth quarter. Meanwhile, shares of Papa John’s fell 7.4% in pre-market trading as the company posted earnings per share (EPS) of $0.40 during the fourth quarter, which were behind analysts’ expectations of $0.46. That said, revenue increased 12.5% year-on-year to $469.8 million, topping analysts’ estimates of $465.7 million. The increase in 4Q revenues was primarily attributable to higher comparable sales for North America restaurants, which saw 10.2% growth in company owned restaurants and 14.5% growth in franchised restaurants. Papa John’s (PZZA) international sales also increased on the back of higher commissary revenues and royalties resulting from comparable sales growth of 21.4%. For fiscal 2020, the company generated sales of $1.81 billion, up 12% from 2019. Diluted earnings per share came in at $1.40, versus $0.03 in the comparable year-ago period. Papa John’s President and CEO Rob Lynch said, “4Q was the third consecutive quarter of double-digit comparable sales growth and the sixth straight quarter of positive comparable sales in North America. We ended the year with the launch of Epic Stuffed Crust, the biggest product innovation in the company’s history, and our future is extremely bright.” In light of ongoing uncertainity about the future impact from the COVID-19 pandemic, Papa John’s did not provide any guidance. (See Papa John’s stock analysis on TipRanks) On Feb. 23, Deutsche Bank analyst Brian Mullan raised the price target to $110 (7.2% upside potential) from $91 and reiterated a Buy rating. Mullan believes the outlook for Papa John’s shares from here is favorable with a 12-month view. Turning to Wall Street, Papa John’s has a Strong Buy consensus rating based on 8 Buys and 1 Hold. The average analyst price target of $111.13 implies about 8.3% upside potential from current levels. Papa John’s stock has seen a runup of about 50% over the past year. Related News: Fisker Inks MOU With Foxconn To Develop EV; Shares Pop 22% Pre-Market Upwork Posts Better-Than-Expected 4Q Results; Shares Pop 18.7% After-Hours Nvidia Posts Better-Than-Expected 4Q Earnings; Street Remains Bullish More recent articles from Smarter Analyst: Jumia 4Q Revenues Miss Estimates, Losses Narrow To €40M Radian Group’s 4Q Earnings Beat Estimates; Street Sees 29% Upside Moderna Plans To Increase Supply Capacity For COVID-19 Vaccine; Shares Spike 5% Bilibili’s 4Q Sales Beat Analysts’ Estimates; Shares Rise 3.8%

(RTTNews) - Sempra Energy (SRE) reported fourth-quarter earnings of $414 million, or $1.43 per share, compared with $447 million, or $1.55 per sha...

Sempra Energy's (SRE) revenues improve 7.7% year over year to $3,171 million in the fourth quarter, owing to higher contributions from its Utilities and Energy-related businesses.

Companies Reporting Before The Bell • PG&E (NYSE:PCG) is likely to report quarterly earnings at $0.23 per share on revenue of $4.78 ...

Sempra Energy (NYSE:SRE) is scheduled to announce Q4 earnings results on Thursday, February 25th, before market open.The consensus EPS Estimate is $1.57 (+1.3% Y/Y) and the consensus...

Sempra Energy (SRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.