earnings
confidence high
sentiment positive
materiality 0.80
Sempra Q3 adjusted EPS $1.97 vs $1.70 YoY; raises FY adjusted EPS guide to $8.70-$9.00
SOUTHERN CALIFORNIA GAS CO
- Q3 GAAP net income $485M ($1.53 EPS) vs loss of $648M ($2.03 loss) YoY; adjusted EPS $1.97 vs $1.70.
- Nine-month 2022 adjusted EPS $6.87 vs $6.27; GAAP EPS $5.23 vs $2.09.
- Full-year 2022 GAAP EPS guidance updated to $7.07-$7.37; adjusted EPS raised to $8.70-$9.00.
- Expects final investment decision on Port Arthur LNG Phase 1 in Q1 2023.
- SoCalGas segment Q3 loss $82M vs loss $1,126M YoY, reflecting lower Aliso Canyon charges.