Sempra Energy announced first-quarter earnings of $1.04 billion, with total revenue reaching $3.58 billion, falling below earlier expectations of $4.12 billion. Despite the revenue shortfall, the company reaffirmed its adjusted EPS guidance for 2026 at $4.80 to $5.30, signaling confidence in future growth. Sempra is executing a substantial $65 billion capital plan aimed at modernizing its infrastructure and reducing operational costs, while also working on an important transaction with Sempra Infrastructure Partners that is expected to bolster its credit profile.