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Sempra Looks Ahead to 2012, Stock Price Rises

Executives with Sempra Energy, the San Diego-based energy and utility holding company, gave analysts forecasts for 2009 and 2012 during a March 27 presentation in New York.

The company forecast earnings of $4.35 to $4.60 per share during 2009.

For 2012, it forecast earnings of $5.50 to $5.80 per share.

Sempra shares climbed 5 percent on the day of the news, reaching $53.55 in afternoon trading. Shares trade on the New York Stock Exchange as SRE.

In February, Sempra repeated a previous earnings forecast of $3.65 to $3.85 per share during 2008.

, Brad Graves

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