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Sempra’s Q2 Profit Up, Misses Revenue and Adjusted Earnings

Sempra's Q2 profit surges due to record-high temperatures; clean energy investments and government policies drive future growth prospects.

by Mark Eisenberg
Tue, Aug 6, 2024 9:14pm
in Business
• 2 mins read
14.7k
Sempra's Q2 Profit Up, Misses Revenue and Adjusted Earnings | FinOracle

Photo: Finoracle.net

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Sempra Posts Higher Q2 Profit on Record-High Temperatures

U.S. utility company Sempra has reported a significant increase in its profits for the second quarter of the year. This growth is mainly due to the high demand for electricity during the hot summer months, when many people used more air conditioners and refrigerators.

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