Benzinga | Sep 27, 2021 04:13PM EDT

Sempra Lowers Guidance; Co Sees FY21 GAAP EPS $3.83-$4.43 Vs $7.41-$8.01 Prior



In consideration of the foregoing and the continued underlying strength of the company's adjusted financial results, Sempra is updating its 2021 financial guidance. Sempra's full-year 2021 GAAP earnings-per-common-share (EPS) guidance range is updated from $7.41 to $8.01 to $3.83 to $4.43, while the company is also guiding to the upper end of the range for its full-year 2021 adjusted EPS guidance of $7.75 to $8.35. Further, Sempra is reaffirming its full-year 2022 EPS guidance range of $8.10 to $8.70.

Today's guidance demonstrates Sempra's confidence in the continued strategic execution and future growth of the company, as it looks to continue delivering long-term sustainable value for shareholders. Sempra remains focused on building top-tier transmission and distribution infrastructure platforms, executing on its robust capital plan, and growing its future earnings.