Sempra lifts capital spending plan, beats quarterly profit estimates

Core Insights - Energy infrastructure company Sempra raised its five-year capital plan by 16% and exceeded Wall Street estimates for fourth-quarter adjusted profit, driven by increased power demand and investments [1] Group 1: Financial Performance - Sempra reported a fourth-quarter adjusted profit that surpassed Wall Street expectations [1] - The increase in power demand contributed significantly to the company's financial performance [1] Group 2: Capital Investment - The company increased its five-year capital plan by 16%, indicating a strong commitment to future growth and infrastructure development [1]