Sempra Energy, a utility and energy holding company, reported net income of $228 million, or 86 cents per diluted share, on revenue of $3 billion for the quarter ended March 31.
The San Diego-based company reported its earnings May 2.
In the year-ago quarter, Sempra reported net income of $255 million, or 98 cents per diluted share, on revenue of $3.3 billion.
The company said it is on track to meet its earnings-per-share forecast of $3.75 to $3.95 by the end of the year.
Sempra trades as SRE on the New York Stock Exchange. Shares stood at $63 in midday trading May 2, down 74 cents from their May 1 closing price.
, Brad Graves