Quarterly ResultAug 6, 2026, 11:01 AM
Sempra Q2 Adjusted EPS $1.16; Affirms 2026 & 2027 Guidance
AI Summary
Sempra reported strong second-quarter 2026 financial results, with GAAP earnings of $796 million ($1.21 per diluted share) and adjusted earnings of $762 million ($1.16 per diluted share), significantly higher than the prior year. The company affirmed its full-year 2026 and 2027 adjusted EPS guidance and its long-term EPS growth rate of 7% to 9%. Sempra invested over $6 billion in capital expenditures in the first half of 2026 as part of its record $65 billion five-year capital plan. Strategic initiatives, including the sale of a 45% equity interest in Sempra Infrastructure Partners to KKR and the sale of Ecogas México, are progressing as planned.
Key Highlights
- Q2 2026 Adjusted EPS was $1.16, up from $0.89 in Q2 2025.
- Q2 2026 GAAP EPS was $1.21, up from $0.71 in Q2 2025.
- Affirmed full-year 2026 Adjusted EPS guidance range of $4.80 to $5.30.
- Affirmed full-year 2027 EPS guidance range of $5.10 to $5.70.
- H1 2026 capital expenditures exceeded $6 billion.
- Record five-year (2026-2030) capital plan of approximately $65 billion.
- Sale of 45% equity in Sempra Infrastructure Partners to KKR on track for Q3 2026.
- Sale of Ecogas México expected to close in August 2026.
Price Impact
More from SREA