earnings
confidence high
sentiment positive
materiality 0.75
Sempra Q1 GAAP EPS $3.07 vs $1.93; adjusted EPS flat at $2.92; cap plan to $40B
SEMPRA
2023-Q1 EPS reported
$3.07
revenue$6,560,000,000
- GAAP EPS $3.07 vs $1.93 YoY; adjusted EPS $2.92 vs $2.91; GAAP earnings $969M.
- Total revenue $6.56B up 72% YoY driven by SoCalGas and Sempra Infrastructure segments.
- Sempra increases five-year capital plan to $40B; Oncor capital plan raised by $4B.
- FY2024 EPS guidance issued at $9.10-$9.80 per diluted share.
- Oncor base rate review finalized; net equity losses of $44M from rate base disallowances.