earnings
confidence high
sentiment neutral
materiality 0.70
Sempra Q2 GAAP EPS $1.91, up from $1.77; declares 2-for-1 stock split
SEMPRA
2023-Q2 EPS reported
$4.97
revenue$9,895,000,000
- GAAP net income $603M ($1.91 EPS) vs $559M ($1.77 EPS) YoY; adjusted EPS $1.88 vs $1.98.
- Revenue $3.335B, down from $3.547B YoY; SoCalGas segment earnings $155M vs $87M.
- Board declared 2-for-1 stock split as 100% stock dividend; record Aug 14, distribution Aug 21.
- Sempra Infrastructure contributed $208M in earnings; Oncor equity earnings $162M in Q2.
- Year-to-date adjusted EPS $4.80 vs $4.90; company affirms growth platform focus.