Sempra Q2 2021 Earnings Report
Key Takeaways
Sempra announced second-quarter 2021 earnings of $424 million, or $1.37 per diluted share, compared to second-quarter 2020 earnings of $2.239 billion, or $7.61 per diluted share. On an adjusted basis, the company’s second-quarter 2021 earnings were $504 million, or $1.63 per diluted share, compared to $501 million, or $1.71 per diluted share, in the second quarter of 2020.
Reported strong second-quarter and year-to-date 2021 financial results.
Announced higher projected five-year capital plan at Oncor of $14 billion.
SDG&E received approval from the CPUC for its 2021 Wildfire Mitigation Plan Update.
SoCalGas began renewable natural gas (RNG) flows at two additional biomethane projects.
Sempra
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Sempra Revenue by Segment
Forward Guidance
Sempra is updating its full-year 2021 GAAP EPS guidance range to $7.41 to $8.01 and affirming its full-year 2021 adjusted EPS guidance range of $7.75 to $8.35. Sempra is also affirming its full-year 2022 EPS guidance range of $8.10 to $8.70.