Sempra's first quarter 2026 adjusted EPS of $1.51 beat estimates, driven by strong Texas and Infrastructure results.

Sempra reported first quarter 2026 adjusted earnings of $1.51 per share on revenues of $3.66 billion. The results represented a beat on analyst EPS estimates of $1.48 but a miss on revenue expectations of $4.12 billion. The company affirmed its full-year 2026 adjusted EPS guidance range of $4.80 to $5.30 per share.

Key Highlights

• Earnings growth was driven by the Sempra Texas Utilities and Sempra Infrastructure segments, which reported earnings of $171 million and $262 million, respectively.
• Sempra affirmed its full-year 2026 adjusted EPS guidance range of $4.80 to $5.30 and its projected long-term EPS growth rate of 7% to 9%.
• The company invested approximately $3 billion in capital expenditures during the quarter, advancing its five-year, $65 billion capital plan.