NYSE$SRE

Sempra Energy · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Sempra reported second-quarter earnings results.

Sempra announced second-quarter 2022 earnings of $559 million, or $1.77 per diluted share, compared to second-quarter 2021 earnings of $424 million, or $1.37 per diluted share. On an adjusted basis, the company’s second-quarter 2022 earnings were $626 million or $1.98 per diluted share, compared to $504 million, or $1.63 per diluted share, in 2021.

  • Sempra's second-quarter 2022 earnings were $559 million, or $1.77 per diluted share.
  • Adjusted second-quarter 2022 earnings were $626 million or $1.98 per diluted share.
  • Sempra California is continuing to operate and construct critical new infrastructure that promotes safety and reliability.
  • Oncor received 90 new transmission interconnection requests, representing a 73% increase in new requests versus the second quarter last year.

Headline financials

Total Revenue

$3.55B

Previous: $2.74B+29.4%
EPS (adj)

$0.99

Previous: $0.82+20.7%
Capital Expenditures

-$2.36B

Previous: -$2.42B+2.6%
Free Cash Flow

-$1.7B

Previous: -$1.97B+13.6%
Net Income

$659M

Previous: $455M+44.8%
Operating Income

$1.7B

Previous: $1.06B+61.3%
Gross Profit

$3.55B

Previous: $2.74B+29.5%
Cash & Equivalents

$1.93B

Previous: $335M+476.4%
Total Assets

$75.6B

Previous: $68.6B+10.2%
Stock-Based Comp

$15M

Previous: $17M-11.8%

Revenue & EPS history

Sempra · Revenue · Quarterly

$3.55B

Q2 2022+29.4%vs Q2 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Sempra · $160M total across 1 segment · Q2 2023

  • Sempra Texas Utilities
    $160M

Forward guidance

Sempra is updating its full-year 2022 GAAP earnings per common share (EPS) guidance range to $6.90 to $7.50. As a result of the company’s strong execution and financial results in the first half of the year, Sempra is guiding to the high end of its full-year 2022 adjusted EPS guidance range of $8.10 to $8.70. Sempra also is affirming its full-year 2023 EPS guidance range of $8.60 to $9.20.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.3%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.7%

Avg return

30 days after

48%

32 / 67 earnings

Positive

+9.1%

Q3 2024

Best reaction

-19.0%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%-2.2%-2.3%
Q4 2025-0.0%+0.9%+1.5%
Q3 2025-0.1%+0.5%-2.0%
Q2 2025+1.8%+1.2%-0.0%
Q1 2025-0.2%-1.0%+1.3%
Q4 2024-19.0%-17.9%-19.6%
Q3 2024+9.1%+12.0%+8.9%
Q2 2024-1.8%-0.4%+5.6%
Q1 2024+3.5%+6.1%+4.5%
Q4 2023-0.3%-1.5%+1.3%
Q3 2023-0.3%-2.2%+1.6%
Q2 2023-3.4%-2.4%-4.6%
Q1 2023+1.5%+2.0%-5.3%
Q4 2022-4.5%-2.6%-3.4%
Q3 2022+2.9%+0.8%+10.2%
Q2 2022-2.9%-1.2%+1.4%
Q1 2022+0.2%-3.6%-2.6%
Q4 2021+7.5%+10.5%+21.0%
Q3 2021-1.4%-2.2%-2.8%
Q2 2021+1.1%+0.7%+1.9%
Q1 2021-1.0%+0.8%-1.1%
Q4 2020-5.4%-4.4%+7.8%
Q3 2020-2.8%+5.9%-0.2%
Q2 2020+2.5%+6.8%-3.3%
Q1 2020+3.6%+3.6%+9.7%
Q4 2019-4.8%-4.0%-17.5%
Q3 2019+0.9%-0.9%+1.9%
Q2 2019-2.6%-0.4%+4.4%
Q1 2019-0.5%+2.2%+6.8%
Q4 2018+2.3%+3.1%+5.9%
Q3 2018+4.2%+1.9%+2.4%
Q2 2018-0.7%-2.0%+1.2%
Q1 2018-4.8%-4.2%-9.9%
Q4 2017-0.5%-2.2%+1.6%
Q3 2017+1.6%+2.9%+4.0%
Q2 2017+0.9%+0.6%+1.6%
Q1 2017-0.3%-0.3%+3.2%
Q4 2016+0.8%+0.4%+1.3%
Q3 2016-3.7%-0.7%-4.7%
Q2 2016-3.0%-3.6%-5.5%
Q1 2016+0.5%
Q4 2015-2.4%
Q3 2015+3.0%
Q2 2015-2.0%
Q1 2015-4.3%
Q4 2014-0.4%
Q3 2014+2.3%
Q2 2014+3.8%
Q1 2014-0.1%
Q4 2013+2.4%
Q3 2013+0.0%
Q2 2013+0.5%
Q1 2013+2.2%
Q4 2012+2.6%
Q3 2012-1.8%
Q2 2012+0.2%
Q1 2012+1.6%
Q4 2011-1.3%
Q4 2008-1.3%
Q3 2011+1.1%
Q2 2011+0.3%
Q1 2011+1.0%
Q4 2010+1.1%
Q3 2010-3.2%
Q2 2010+2.0%
Q1 2010-4.4%
Q4 2009-2.0%

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