Summary
Sempra Energy (SRE) filed an 8-K on February 24, 2011, reporting its fourth-quarter and full-year 2010 financial results. For the fourth quarter of 2010, the company announced consolidated earnings of $280 million, translating to $1.15 per diluted share. This filing primarily serves to announce these earnings and provide supporting financial data, including a breakdown of operations by business unit for both the three months and full years ended December 31, 2010, and 2009. Investors should note that this 8-K is a disclosure of financial results rather than a discussion of significant new events or strategic shifts. The key takeaway is the reported earnings per share for the quarter, which provides an update on the company's profitability. The attached exhibits provide more granular detail on performance across Sempra's various business segments, allowing for deeper analysis of where the company's revenue and earnings are generated.
Key Highlights
- 1Sempra Energy reported fourth-quarter 2010 consolidated earnings of $280 million.
- 2Earnings per diluted share for the fourth quarter of 2010 were $1.15.
- 3The filing includes a press release dated February 24, 2011, announcing these results.
- 4Detailed Statement of Operations Data by Business Unit for the three months and years ended December 31, 2010, and 2009 is provided.
- 5The information is furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits).
- 6The press release and financial data were posted on Sempra Energy's website (www.sempra.com).