Sempra Q2 2022 adjusted EPS $1.98 vs $1.63 YoY; SoCalGas segment reports $45M Aliso Canyon charge

SOUTHERN CALIFORNIA GAS CO

GAAP EPS $1.77 ($559M) vs $1.37 ($424M) YoY; adjusted EPS $1.98 ($626M) vs $1.63 ($504M).
SoCalGas Q2 revenue $1.5B (+34% YoY) but segment earnings fell to $87M from $94M due to $45M Aliso Canyon litigation charge.
Six-month adjusted EPS $4.90 vs $4.58; GAAP EPS $3.70 vs $4.24 (impacted by $120M deferred tax on sale of NCI to ADIA).
Aliso Canyon litigation: $45M charge in Q2 and $137M YTD; four property developer claims settled in Q1 2022.
No updated guidance provided in the release.

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