Sempra Q2 FY26 GAAP earnings rise 72.67% to $796 million - SRE News | RalliesSempra Q2 FY26 GAAP earnings rise 72.67% to $796 million
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SRE• Texas utilities and outlook
- Texas utilities GAAP earnings rose 66.35% to USD 346 million, driven by new base rates, UTM and SRP, and customer growth.
- Sempra reaffirmed 2026 adjusted EPS guidance of USD 4.80-USD 5.30.
- The company expects the SI Partners sale to close in Q3 and the Ecogas sale in August.
Quarterly and first-half results
- Q2 GAAP earnings climbed 72.67% to USD 796 million; GAAP EPS rose 70.42% to USD 1.21.
- Adjusted earnings increased 30.7% to USD 762 million; adjusted EPS advanced 30.34% to USD 1.16.
- First-half adjusted EPS grew 14% to USD 2.67, while GAAP EPS rose 34% to USD 2.80.
