Sempra Energy reports Q4 adjusted EPS $2.35, consensus $2.04

Reports Q4 revenue $3.46B, consensus $3.79B. The company said, "Over the last five years, Sempra has been successful in simplifying its business model and improving its position as a leader in some of North America’s largest economic markets. Moreover, the company has increased the scope and scale of its three business platforms – Sempra California, Sempra Texas and Sempra Infrastructure. This has allowed the company to also increase its recurring cash flows and substantially improve its financial performance. Looking ahead, Sempra remains strategically focused on sustainable growth across its three business platforms underpinned by investments in energy infrastructure supporting electrification, lower carbon fuel sources and energy security in some of North America’s leading markets. Across its various businesses, the company is pursuing a portfolio of opportunities to continue improving safety, bolstering reliability and supporting the delivery of increasingly clean and more affordable sources of energy."