By Matt Grossman

 

Sempra Energy on Tuesday raised its full-year adjusted earnings guidance and guided for a full-year adjusted profit in 2022.

The San Diego-based energy company said is expects adjusted earnings this year of $7.75 a share to $8.35 a share. In May, the company had guided for adjusted earnings of $7.50 a share to $8.10 a share.

Sempra also said it expects adjusted earnings next year of $8.10 a share to $8.70 a share. Analysts surveyed by FactSet were expecting 2022 adjusted earnings of $8.47 a share.

The company said the sale of a noncontrolling interest in Sempra Energy to KKR & Co. Inc. for $3.37 billion is on track to close in coming weeks.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

June 29, 2021 07:22 ET (11:22 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Sempra (NYSE:SRE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Sempra Charts.
Sempra (NYSE:SRE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Sempra Charts.