The Law Offices of Frank R. Cruz announces an investigation of Sempra (“Sempra” or the “Company”) (NYSE: SRE) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON SEMPRA (SRE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On February 25, 2025, before the market opened, Sempra released its fourth quarter and full year 2024 financial results, reporting $3.76 billion in annual revenue, which missed consensus estimates by $970 million. The Company also lowered its 2025 earnings guidance to $4.50 per share at the midpoint, compared to the previous outlook of $5.00 per share at the midpoint. The Company blamed the disappointing results on, among other things, “higher interest and operating expenses and lower consumption primarily due to mild weather.”
On this news, Sempra’s stock price fell $16.54, or 19%, to close at $70.64 per share on February 25, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Sempra securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250225945276/en/
Contacts
Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
