earnings
confidence high
sentiment positive
materiality 0.80
Sempra reports FY 2024 adj. EPS $4.65; raises capex plan to $56B, ups EPS growth target to 7-9%
SEMPRA
2024-FY EPS reported
$4.42
revenue$13,185,000,000
- Full-year 2024 GAAP EPS $4.42, adj. EPS $4.65; Q4 adj. EPS $1.50 vs $1.13 YoY.
- Five-year capital plan increased to $56B; >50% earmarked for Texas grid expansion.
- 2025 EPS guidance adjusted to $4.30-$4.70; 2026 guidance $4.80-$5.30.
- Long-term EPS growth rate raised to 7%-9%; targets 2025 FID for Port Arthur LNG Phase 2.
- Sempra Infrastructure earnings $911M in FY 2024; Sempra California $1,846M.