Sempra Energy Affirms FY2023 Adj EPS Guidance of $8.60-9.20 vs $8.97 Est
Portfolio Pulse from Benzinga Newsdesk
Sempra Energy has updated its full-year 2023 GAAP earnings per common share (EPS) guidance range to $8.78 to $9.38 and affirmed its full-year 2023 adjusted EPS guidance range of $8.60 to $9.20. The company also affirmed its full-year 2024 EPS guidance range of $9.10 to $9.80 and its projected long-term EPS growth rate of 6% to 8%.

August 04, 2023 | 12:55 pm
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POSITIVE IMPACT
Sempra Energy's updated and affirmed EPS guidance for FY2023 and FY2024 indicates strong financial performance and could potentially boost investor confidence.
The company's updated GAAP EPS guidance for FY2023 and affirmed adjusted EPS guidance for the same year, along with the affirmed EPS guidance for FY2024, indicate strong financial performance. This could potentially boost investor confidence and positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100