Two of 10 Worst-Performing Stocks Fall to All-Time Lows on Tuesday

2. Sempra (NYSE:SRE)

Sempra shares plummeted by 18.97 percent on Tuesday to close at $70.64 each as investor sentiment was dampened by a disappointing outlook for 2025 amid expected challenges that could put pressure on the company’s profitability.

In its earnings call, SRE lowered its annual profit forecast following the rate case decision in California which came below its expectations.

Utilities use rate case proceedings to determine the amount that the customers will need to pay for electricity and natural gas services.

From $4.9 to $5.25 earnings per share forecast previously, SRE now expects EPS to settle between $4.3 to $4.7.

“We’ve assumed higher interest expense as a result of higher capital investments in 2025,” the company said.

SRE also raised its capital expenditure program by 16 percent over the next four years to improve grid resiliency amid rising energy demand from data centers for artificial intelligence.