Sempra Energy second-quarter profit rises to $796 million

Earnings
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Sempra Energy reported a second-quarter profit of $796 million, or $1.21 per share, up from $461 million, or $0.71 per share, a year earlier. Excluding items, adjusted earnings were $762 million, or $1.16 per share. Revenue edged down 0.1% to $2.997 billion from $3.000 billion. The company issued full-year EPS guidance of $4.80 to $5.30 and a 2027 EPS range of $5.10 to $5.70, while affirming a projected long-term EPS growth rate of 7% to 9%.

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Sempra Energy
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Second-quarter profit rose to $796 million and company raised EPS guidance.