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By Market News Video Staff, Tuesday, November 9, 11:49 AM ET
Sempra Energy (NYSE:SRE) reported a decline in third quarter earnings today, although adjusted earnings were just ahead of expectations for the company.
However, Sempra affirmed its full-year outlook for earnings that is well below analyst forecasts.
Shares are trading lower by 3.6% today.
Sempra is a 3.46% holding in the Utilities Select Sector SPDR Fund (AMEX:XLU), trading flat today.
Top holdings in the fund include Southern Co. (NYSE:SO), at 8.22%, followed by Exelon (NYSE:EXC) and Dominion Resources (NYSE:D).
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