earnings
confidence high
sentiment positive
materiality 0.80
Sempra Q3 GAAP EPS $1.14 vs $0.77 YoY; raises FY2023 guidance
SOUTHERN CALIFORNIA GAS CO
- Sempra Q3 GAAP earnings $721M ($1.14/diluted) vs $485M ($0.77); adjusted EPS $1.08 vs $0.98.
- SoCalGas segment earnings improved to $16M in Q3 vs loss of $82M in Q3 2022.
- Full-year GAAP EPS guidance updated to $4.44-$4.74; expects adjusted EPS at or above $4.30-$4.60.
- Management expects 10%-20% increase above current five-year $40B capital plan.