The earnings call highlights a stable financial performance with affirmed guidance and significant capital investments, particularly in U.S. utilities and infrastructure. Legislative advancements in Texas and progress in LNG and renewable projects further underscore positive developments. However, challenges such as lower GAAP earnings and ongoing base rate review in Texas, along with California's affordability concerns, present areas of concern.

Company Guidance -

Q3 2025

During Sempra's second-quarter 2025 earnings call, the company reported an adjusted earnings per share (EPS) of $0.89, consistent with the same period last year, and reaffirmed its full-year 2025 adjusted EPS guidance range of $4.30 to $4.70, along with a 2026 EPS guidance of $4.80 to $5.30. The company highlighted its $36 billion five-year capital plan, with over $13 billion targeted for 2025, including more than $10 billion allocated to U.S. utilities. For the first half of 2025, Sempra deployed over $5 billion of new capital. Additionally, Sempra discussed its capital recycling initiatives, including a potential equity sale at Sempra Infrastructure with KKR, expected to close by mid-2026, anticipated to be accretive to EPS and credit. The company aims to enhance its business risk profile by increasing its earnings contribution from regulated utilities. Sempra is focused on operational efficiency, with SDG&E achieving significant wildfire mitigation milestones and reducing undergrounding costs by 40% over two years. The company also touched on Oncor’s investment opportunities, regulatory developments in Texas, and progress on LNG projects, with ECA LNG Phase 1 nearing completion and Phase 2 advancing.

Stable Earnings and Affirmed Guidance

Reported second quarter 2025 adjusted EPS of $0.89, consistent with the prior period, and affirmed the full year 2025 adjusted EPS guidance range of $4.30 to $4.70.

Significant Capital Investments

Sempra plans to invest approximately $13 billion in 2025, with over $10 billion allocated to U.S. utilities. Over $5 billion has already been deployed in the first half of the year.

Progress on Capital Recycling Initiatives

Extended the right of first offer process with KKR for an equity sale at Sempra Infrastructure, potentially within or above the 15% to 30% range.

Oncor's Constructive Legislative Outcomes

Passage of Texas House Bill 5247 allows Oncor to improve the earned return on equity by 50 to 100 basis points, supporting Texas' infrastructure expansion.

SDG&E's Transmission Project Awards

SDG&E awarded $600 million in transmission projects, demonstrating ongoing commitment to California's energy infrastructure.

LNG and Renewable Energy Milestones

Significant progress on Cameron LNG Phase 1, ECA LNG Phase 1, Cimarron Wind, and Port Arthur LNG Phase 1 projects, with new agreements advancing Port Arthur LNG Phase 2.

Sempra Energy (SRE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SRE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	0.89 / -	0.89	―	―	―
Aug 07, 2025	2025 (Q2)	0.85 / 0.89	0.89	0.00% (0.00)
May 08, 2025	2025 (Q1)	1.32 / 1.44	1.34	7.46% (+0.10)
Feb 25, 2025	2024 (Q4)	1.60 / 1.50	1.13	32.74% (+0.37)
Nov 06, 2024	2024 (Q3)	1.05 / 0.89	1.08	-17.59% (-0.19)
Aug 06, 2024	2024 (Q2)	0.94 / 0.89	0.94	-5.32% (-0.05)
May 07, 2024	2024 (Q1)	1.33 / 1.34	1.46	-8.22% (-0.12)
Feb 27, 2024	2023 (Q4)	1.11 / 1.13	1.175	-3.83% (-0.05)
Nov 03, 2023	2023 (Q3)	1.01 / 1.08	0.985	9.64% (+0.10)
Aug 03, 2023	2023 (Q2)	0.87 / 0.94	0.99	-5.05% (-0.05)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SRE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$81.15	$82.59	+1.77%
May 08, 2025	$75.21	$75.12	-0.12%
Feb 25, 2025	$85.65	$69.40	-18.97%
Nov 06, 2024	$80.26	$86.12	+7.30%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sempra Energy (SRE) report earnings?

Sempra Energy (SRE) is schdueled to report earning on Oct 31, 2025, Before Open (Confirmed).

What is Sempra Energy (SRE) earnings time?

Sempra Energy (SRE) earnings time is at Oct 31, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SRE EPS forecast?

SRE EPS forecast for the fiscal quarter 2025 (Q3) is 0.89.

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