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Sempra Energy (SRE)
:SRE
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.59Last Year’s EPS
1.13Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 4.27%
|Next Earnings Date:Aug 06, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant growth opportunities in Texas and strong positioning in the global LNG market, contrasted by regulatory challenges and lower adjusted earnings in California. While the growth potential is promising, the regulatory headwinds in California and earnings decline present notable challenges.Company Guidance
During the Sempra's Q3 2024 earnings call, several key metrics and guidance points were discussed. Jeffery Martin, the CEO, highlighted the company's affirmation of its full-year 2024 adjusted EPS guidance range, with Q3 adjusted EPS reported at $0.89 and year-to-date adjusted EPS at $3.12. Allen Nye shared that Oncor is expecting a significant capital plan increase, with projections of a 40% to 50% rise over the current $24 billion 5-year capital plan. This is driven by strong demand growth, including a 5% load growth forecast for 2024-2025 by the EIA and a potential 80% increase in Texas power demand by 2030. The strategic focus includes significant investments in high-voltage transmission and addressing the surge in electricity demand from digital infrastructure, notably AI and data centers. As a financing strategy, Sempra announced a $3 billion at-the-market equity program, indicating robust capital expenditure plans and future growth opportunities.Oncor's Strong Growth and Investment Opportunities
Oncor reported significant growth with a 50% increase in new large C&I POI requests and plans a $24 billion 5-year capital plan. The company expects a 40% to 50% increase in its capital plan due to ongoing economic expansion in Texas and significant new customer growth.
Record Peak Demand in California
SDG&E service territory hit a new all-time record peak demand of over 5 gigawatts, driven by growing demand from approximately 160,000 EVs and continued electrification.
Sempra Infrastructure's Global LNG Position
Sempra Infrastructure remains well-positioned to supply new customers in European and Asian markets, with Cameron LNG Phase 1 performing well and advancing work on major projects like ECA LNG Phase 1 and Port Arthur Phase 1.
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SRE Earnings History
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
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SRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $81.69 | $87.66 | +7.31% |
| Aug 06, 2024 | $77.58 | $75.96 | -2.09% |
| May 07, 2024 | $71.09 | $72.34 | +1.76% |
| Feb 27, 2024 | $68.73 | $68.87 | +0.20% |
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.
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FAQ
When does Sempra Energy (SRE) report earnings?
Sempra Energy (SRE) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Sempra Energy (SRE) earnings time?
Sempra Energy (SRE) earnings time is at Mar 04, 2025, TBA Not 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 2024 (Q4) is 1.59.
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