Sempra Energy has released its adjusted earnings per share (EPS) guidance ranges for 2025 and 2026, which are non-GAAP financial measures. The 2025 adjusted EPS guidance range is $4.30 to $4.70, excluding various items such as a $462 million impact from regulatory disallowances at Sempra California, a $121 million impact from foreign currency and inflation on monetary positions in Mexico, and a $36 million net unrealized loss on commodity derivatives, among others. The GAAP EPS guidance range for 2025 is $2.38 to $2.78.
For 2026, Sempra Energy has provided an adjusted EPS guidance range of $4.80 to $5.30. However, the company has stated that it is unable to reconcile this range to the GAAP EPS guidance range for 2026 due to the inability to reasonably estimate the forward-looking amounts or ranges of certain GAAP amounts related to future events, such as impacts from foreign currency and inflation in Mexico, net unrealized gains and losses on commodity derivatives, and net unrealized gains and losses on interest rate swaps related to specific projects.
Sempra Energy's adjusted EPS guidance ranges are aimed at providing investors and management with a meaningful comparison of the company's business operations to prior and future periods. It's important to note that the adjusted EPS guidance ranges should be considered supplementary information in addition to, but not as a substitute for, information prepared in accordance with GAAP. The market has reacted to these announcements by moving the company's shares 0.18% to a price of $87.41. For the full picture, make sure to review SEMPRA's 8-K report.
