Summary
Sempra Energy (SRE) filed an 8-K on November 2, 2005, reporting its financial results for the third quarter ended September 30, 2005. The company announced consolidated net income of $221 million, or $0.86 per diluted share. This filing includes a press release detailing these results and also provides supplementary "Income Statement Data by Business Unit" for both the three-month and nine-month periods ended September 30, 2005, and 2004. Notably, Sempra Energy provided adjusted net income figures that exclude the impact of discontinued operations and specified unusual factors. Management believes this segmented view offers a clearer understanding of underlying business trends for investors. The attached exhibits, 99.1 and 99.2, contain the full press release and business unit data, respectively. Investors should review these exhibits for a comprehensive understanding of the company's performance and segment contributions.
Key Highlights
- 1Sempra Energy reported third-quarter 2005 consolidated net income of $221 million, or $0.86 per diluted share.
- 2The company provided adjusted earnings that exclude discontinued operations and unusual items to highlight core business trends.
- 3The filing includes detailed Income Statement Data by Business Unit for the three and nine months ended September 30, 2005 and 2004.
- 4Press release containing these financial results is attached as Exhibit 99.1.
- 5Business unit financial data is provided as Exhibit 99.2.
- 6The information is furnished, not deemed 'filed,' and will not be automatically incorporated into future Sempra filings.