Sempra updated its full-year 2026 GAAP EPS guidance range to $4.87 to $5.37 and affirmed its full-year 2026 adjusted EPS guidance of $4.80 to $5.30. Sempra also affirmed a 7% to 9% projected long-term EPS growth rate.
Bullish
Sempra reported strong Q1 2026 earnings and EPS, driven by significant capital investments in energy infrastructure. Favorable regulatory outcomes for Oncor also strengthen Sempra's financial position.
Bearish
Sempra faced declining Q1 2026 revenues and decreased gas and electric deliveries in California. Furthermore, key strategic transactions remain subject to regulatory approvals and potential adjustments, creating uncertainty for Sempra.