Sempra (SRE) earnings on August 6, 2026
Prior outlook: Pessimistic Outcome: Missed
The stock rose during the day but closed lower, falling 0.54%. The company gave updated profit forecasts for 2026 and 2027.
SRE price around the earnings
84.35
Change: -0.4%
2026-08-06, 20:00 UTC
Start of the measured window
End of the measured window
84.08
84.69
85.30
85.91
84.67
August 6, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
- Results released
Buy consensus with +23.8% upside and 75% beat rate, but severe negative trend strength and revenue stagnation create dangerous retail crowding trap.
Context analyzed before publication
- Trend
- Deteriorated -27→-42 over week; negative trend strength and retail crowding intensified into BMO.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.65
- Analysts covering the stock
- 18
- Average price target
- 104.81
- Lowest price target
- 93
- Highest price target
- 118
- Upside to price target
- 23.8%
- Quarterly earnings growth
- 13.1%
- Revenue growth
- -3.9%
- Forward EPS
- 5.54
- Trailing EPS
- 2.87
- Analyst moves in the last 60 days
- 3
- Strong buy: 3
- Buy: 12
- Hold: 5
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 12
- Hold
- 5
- Sell
- 0
- Strong sell
- 0
- July 22, 2026 · BMO Capital: Maintains rating (Outperform → Outperform)
- July 9, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- July 8, 2026 · TD Cowen: Initiates coverage (Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (5)
- Sempra's Sempra Infrastructure To Advance A Series Of Key Priorities In Support Of Its Corporate Strategy; Does Not Expect Reduction In Planned Earnings Contributions Relative To Sempra's Segment Guidance Ranges For 2026 And 2027 (opens in a new tab) — Benzinga
- BMO Capital Maintains Outperform on Sempra, Lowers Price Target to $102 (opens in a new tab) — Benzinga
- Sempra Appoints Justin Bird CFO, Succeeding Karen Sedgwick, Who Will Become CEO Of Southern California Gas Co., Effective Q3 (opens in a new tab) — Benzinga
- Barclays Maintains Overweight on Sempra, Lowers Price Target to $103 (opens in a new tab) — Benzinga
- TD Cowen Initiates Coverage On Sempra with Buy Rating (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 84.67
- Average true range (ATR)
- 2.2%
- Distance to 52-week high
- -14.5%
- 14-day change (14d)
- -9.0%
- 30-day change (30d)
- -8.9%
- 30-day relative strength
- -11.4%
- SPY change (30d)
- +2.5%
- Nearest support
- 83.98
- Distance to nearest support
- 0.8%
- Nearest resistance
- 84.68
- Distance to nearest resistance
- 0%
- Volume accumulation ratio (14d / 46d)
- 1.07
- Major: 83.98 (0.8% away, 0.37 ATR, 32 touches)
- Major: 83.32 (1.6% away, 0.73 ATR, 33 touches)
- Major: 82.9 (2.1% away, 0.95 ATR, 36 touches)
- Minor: 84.68 (0% away, 0.01 ATR, 5 touches)
- Mid: 85.15 (0.6% away, 0.26 ATR, 15 touches)
- Major: 86.18 (1.8% away, 0.82 ATR, 27 touches)
Trends
Evidence
- Average earnings surprise
- +8.9%
- May 7, 2026: actual EPS 1.51 vs estimate 1.51 (surprise -0.3%)
- February 26, 2026: actual EPS 1.28 vs estimate 1.17 (surprise +9.2%)
- November 5, 2025: actual EPS 1.11 vs estimate 0.91 (surprise +21.7%)
- August 7, 2025: actual EPS 0.89 vs estimate 0.85 (surprise +4.8%)
Expected move
- Implied move
- +1.6%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 1.8%
- 75th percentile move
- 2.3%
- 90th percentile move
- 5.5%
- Up / down moves
- 11 / 9
- Average up move
- +2.0%
- Average down move
- -3.6%
Monitoring and close
What Sempra reported
- Status
- Finished
| Actual EPS | 1.16 |
|---|---|
| EPS estimate | 1.06 |
| EPS surprise | +9.4% |
| Revenue | $2,997 million |
| Revenue estimate | $3,188 million |
| Revenue surprise | -6.0% |
Sempra published its Q2 2026 earnings call presentation. The company previously beat earnings estimates but missed revenue expectations, showing mixed results.
Sources (10)
- Sempra's Q2 Earnings Outpace Estimates, Revenues Fall Y/Y (opens in a new tab) — Zacks
- Sempra (NYSE:SRE) Shares Slide on Q2 Revenue Miss Despite Earnings Beat (opens in a new tab) — ChartMill
- Sempra (SRE) Surpasses Q2 Earnings Estimates (opens in a new tab) — Zacks
- Sempra 2026 Q2 - Results - Earnings Call Presentation (opens in a new tab) — SeekingAlpha
- Sempra Sees FY2027 Adj EPS $5.10-$5.70 vs $5.52 Est (opens in a new tab) — Benzinga
- Sempra Raises FY2026 GAAP EPS Guidance from $4.87-$5.37 to $5.02-$5.55 vs $5.68 Est (opens in a new tab) — Benzinga
- Sempra Affirms FY2026 Adj EPS Guidance of $4.80-$5.30 vs $5.11 Est (opens in a new tab) — Benzinga
- Sempra beat earnings expectations with $1.16 per share, but revenue fell short of estimates. — Benzinga
- Sempra Q2 Adj. EPS $1.16 Beats $1.06 Estimate, Sales $2.997B Miss $3.188B Estimate (opens in a new tab) — Benzinga
- Sempra Reports Strong Second-Quarter 2026 Results (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on earnings but not on revenue, and the price is indicating -0.0% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -0.5%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 1.5%