Sempra Energy (NYSE:SRE) has reported rising numbers in its Q4 and 2012 results. For the quarter, the company's revenue totaled $2.67 billion. That was 2% higher than the $2.60 billion of the same period the previous year. Net income was $293 million ($1.18 per diluted share), a 3% improvement over Q4 2011's $285 million ($1.18).
Those numbers beat the average analyst estimates, which were for a top line of $2.63 and EPS of $0.98.
Revenue for fiscal 2012 was $9.6 billion, a 4% decrease from 2011's $10.0 billion. Net income was also lower on a year-over-year basis, coming in at $859 million ($3.48 diluted EPS), or 35% below the previous year's $1.3 billion ($5.51).
Looking forward, Sempra said it expected EPS of $4.30-$4.80 for fiscal 2013.
Fool contributor Eric Volkman and The Motley Fool have no position in Sempra Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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