earnings
confidence high
sentiment neutral
materiality 0.70
Sempra Q2 GAAP EPS $1.12 vs $0.95 YoY; adjusted $0.89; Oncor $3B settlement
SEMPRA
2024-Q2 EPS reported
$2.38
revenue$6,651,000,000
- Q2 GAAP EPS $1.12 ($713M) vs $0.95 ($603M) YoY; adjusted EPS $0.89 ($567M) vs $0.94 ($594M).
- Total revenue $3,011M, down 9.7% from $3,335M; Sempra California revenue $2,625M vs $2,700M.
- Oncor reaches settlement in principle on ~$3B System Resiliency Plan with Texas regulators.
- Sempra Texas Utilities segment earnings $202M vs $160M; Sempra Infrastructure $291M vs $208M.
- Six-month GAAP EPS $2.38 vs $2.49; adjusted EPS $2.24 vs $2.40.