earnings
confidence high
sentiment positive
materiality 0.70
Sempra Q4 adjusted EPS $2.35, up 8.8% YoY; full-year adjusted EPS $9.21; affirms 2023 guidance
SOUTHERN CALIFORNIA GAS CO
- Sempra Q4 GAAP EPS $1.39 vs $1.90; adjusted EPS $2.35 vs $2.16.
- Full-year 2022 GAAP EPS $6.62 vs $4.01; adjusted EPS $9.21 vs $8.43.
- SoCalGas segment Q4 earnings $260M vs $198M; full-year $599M vs loss of $427M in 2021.
- Aliso Canyon litigation charges $259M in 2022, down from $1.593B in 2021.
- Targeting Port Arthur LNG Phase 1 FID in Q1 2023; reaffirms 2023 EPS guidance and long-term 6-8% CAGR.