Sempra Energy Updates Its FY23 GAAP EPS Guidance To $4.44 To $4.74; And Expects To Be At Or Above The High-End Adjusted EPS Guidance Of $4.30 To $4.60 Vs. Consensus of $4.5
Portfolio Pulse from Benzinga Newsdesk
Sempra Energy has updated its FY23 GAAP EPS guidance to $4.44 to $4.74, and expects to be at or above the high-end adjusted EPS guidance of $4.30 to $4.60, compared to the consensus of $4.5. The company also affirmed its full-year 2024 EPS guidance range of $4.55 to $4.90 and its projected long-term EPS growth rate of 6% to 8%.
November 03, 2023 | 11:04 am
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Sempra Energy's updated FY23 GAAP EPS guidance and expectation to exceed the high-end adjusted EPS guidance could positively impact its stock price.
Sempra Energy's updated guidance indicates strong financial performance, which is typically a positive signal to investors. This could lead to increased demand for the company's stock, potentially driving up its price in the short term.
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