Sempra (NYSE:SRE) reported mixed second-quarter 2025 results, with adjusted earnings per share (EPS) meeting analyst expectations while revenue fell short of estimates. The energy infrastructure company posted adjusted EPS of $0.89, aligning with the consensus estimate of $0.87. However, revenue came in at $3.0 billion, below the projected $3.13 billion.
Key Takeaways from the Earnings Report
- GAAP Earnings Decline: Sempra reported a significant drop in GAAP earnings to $461 million ($0.71 per diluted share) compared to $713 million ($1.12 per diluted share) in Q2 2024.
- Adjusted Earnings Stability: On an adjusted basis, earnings remained flat year-over-year at $583 million ($0.89 per diluted share).
- Revenue Miss: The $3.0 billion revenue figure was approximately 4.2% below analyst expectations, likely due to fluctuations in energy demand or regulatory adjustments.
- Market Reaction: Pre-market trading showed a slight decline of -0.05%, suggesting a muted initial response. Over the past month, the stock has gained nearly 9%, indicating broader investor confidence despite the earnings miss.
Segment Performance and Outlook
Sempra operates across three key segments:
- Sempra California: Provides electric and gas services in Southern and Central California.
- Sempra Texas Utilities: Holds an 80.25% stake in Oncor, a major Texas transmission and distribution utility.
- Sempra Infrastructure: Focuses on energy infrastructure development, including LNG and renewables.
While the press release did not provide explicit forward guidance, analysts estimate Q3 2025 revenue at $3.02 billion and EPS at $0.90. For the full year, revenue is projected at $14.69 billion, with EPS expected to reach $4.56.
Market Sentiment and Price Action
The stock’s minimal pre-market movement suggests investors are digesting the mixed results without overreacting. The recent one-month uptrend (+8.9%) indicates that broader market factors, such as energy sector stability or regulatory tailwinds, may be outweighing the revenue shortfall.
For a deeper dive into Sempra’s earnings history and future estimates, visit the earnings and estimates page.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
