Sempra Energy's Q3 Earnings Top Estimates, Revenues Increase Y/Y

Sempra Energy SRE reported third-quarter 2025 adjusted earnings per share (EPS) of $1.11, which beat the Zacks Consensus Estimate of 93 cents by 19.4%. The bottom line also increased 24.7% from year-ago quarter’s figure of 89 cents.

Including one-time items, the company generated GAAP earnings of 12 cents per share compared with $1.00 in the third quarter of 2024.

Total Revenues

Sempra Energy’s total revenues of $3.15 billion missed the Zacks Consensus Estimate of $3.22 billion by 2.2%. However, the top line increased 13.3% from $2.78 billion in the year-ago quarter.

Segmental Update

Sempra California: Quarterly earnings amounted to $370 million compared with the year-ago quarter’s level of $247 million.

Sempra Texas Utilities: Earnings in this segment increased to $306 million from $261 million in the year-ago quarter. 

Sempra Infrastructure: The segment recorded a loss of $580 million against earnings of $230 million in the year-ago quarter.

Parent and Other: The segment reported a loss of $19 million, narrower than the prior-year period’s loss of $100 million.

Financial Update

As of Sept. 30, 2025, Sempra Energy’s cash and cash equivalents totaled $0.005 billion compared with $1.57 billion as of Dec. 31, 2024.

As of the same date, long-term debt and finance leases amounted to $28.98 billion compared with $31.56 billion as of Dec. 31, 2024.

Cash flow from operating activities in the first nine months of 2025 was $3.38 billion compared with $3.54 billion in the year-ago period.

Guidance

Sempra Energy reaffirmed its 2025 earnings projection. The company still expects its adjusted EPS to be in the range of $4.30-$4.70. The Zacks Consensus Estimate for 2025 earnings is pegged at $4.53 per share, higher than the midpoint of the company’s guided range.

SRE still expects its 2026 earnings to be in the range of $4.80-$5.30 per share. The Zacks Consensus Estimate for 2026 earnings is pegged at $5.15 per share, higher than the midpoint of the company’s guided range.

The company still expects its long-term EPS growth rate to be in the high-end or above its earlier projected band of 7-9% through 2029.

Zacks Rank

Sempra Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Releases 

Chesapeake Utilities CPK is scheduled to report third-quarter 2025 results on Nov. 6, after the market closes. The Zacks Consensus Estimate for earnings is pegged at 90 cents per share, which indicates a year-over-year increase of 12.5%.

The Zacks Consensus Estimate for sales is pegged at $171.9 million, which implies a year-over-year improvement of 7.3%. It delivered an average earnings surprise of 3.7% in the last four quarters.

Spire SR is scheduled to report fiscal fourth-quarter 2025 results on Nov. 14, before market open. The Zacks Consensus Estimate for earnings is pegged at a loss of 46 cents per share. 

SR’s long-term (three to five years) earnings growth rate is 7.77%. The Zacks Consensus Estimate for sales is pegged at $307.96 million, which implies a year-over-year improvement of 4.8%.

UGI Corporation UGI is scheduled to report fiscal fourth-quarter 2025 results on Nov. 20, after the market closes. The Zacks Consensus Estimate for earnings is pegged at a loss of 44 cents per share.

The Zacks Consensus Estimate for sales is pegged at $1.72 billion, which implies a year-over-year improvement of 38.6%.

 

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This article originally published on Zacks Investment Research (zacks.com).

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