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Tuesday, February 28, 2023

SRE: Mixed -- 4Q22

Link here.

  • Sempra press releasee: Q4 Non-GAAP EPS of $2.35 beats by $0.31. 
  •  Revenue of $3.46B (-9.9% Y/Y) misses by $330M. 
  • Affirming 2023 EPS Guidance Range: Sempra is reaffirming its full-year 2023 earnings per common share (EPS) guidance range of $8.60 to $9.20 vs $9.00 consensus. 
  • The company is also reiterating its long-term projected EPS compound annual growth rate of approximately 6% to 8% based on the midpoint of 2023 EPS guidance range. 

SRE: drops 3% pre-market; drops almost $5 / share; trading at $150.

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