Sempra Q1 2020 Earnings Report
Key Takeaways
Sempra Energy reported first-quarter 2020 earnings of $760 million, or $2.53 per diluted share, compared to $441 million, or $1.59 per diluted share for the same period in 2019. On an adjusted basis, the company's first-quarter 2020 earnings were $932 million, or $3.08 per diluted share, compared to $534 million, or $1.92 per diluted share, in the first quarter of 2019.
Prioritized the safety of employees, customers, and communities during the COVID-19 pandemic.
Focused on advancing strategic priorities and delivering safe and reliable energy to over 35 million consumers.
Strengthened the balance sheet and maintained solid liquidity across companies.
Advanced energy infrastructure projects, including Cameron LNG which is nearing completion of Phase 1.
Sempra
Sempra
Forward Guidance
Sempra Energy's updated full-year 2020 GAAP EPS guidance range is $11.88 to $13.02. The company is reaffirming its full-year 2020 adjusted EPS guidance range of $6.70 to $7.50, and is reaffirming its full-year 2021 EPS guidance range of $7.50 to $8.10.