Sempra Q2 profit beats estimates, reaffirms 2026 adjusted EPS forecast
SRE•Result drivers
- Capital investment - Co said over $6 bln invested in H1 to support energy reliability and affordability, part of a record five-year capital plan.
- Regulatory developments - Oncor's new base rates and surcharge took effect, aligning cost structure and supporting infrastructure investment in Texas.
- Asset sales - Progress on sale of Sempra Infrastructure Partners and Ecogas México expected to strengthen financial position and support long-term growth.
Key quarterly figures
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Miss | $3 bln | $3.19 bln (7 Analysts) |
| Q2 Adjusted EPS | Beat | $1.16 | $1.06 (15 Analysts) |
| Q2 EPS | $1.21 | ||
| Q2 Adjusted Net Income | Beat | $762 mln | $715.39 mln (5 Analysts) |
| Q2 Net Income | $942 mln |
