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SR Spire News Story

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UtilitiesConservativeLarge CapNeutral

Spire Inc expected to post a loss of 18 cents a share - Earnings Preview

* Spire Inc  SR.N   SR  is expected to show a fall in
quarterly
revenue when it reports  results on July 31 for the period
ending June 30 2024
    * The St. Louis Missouri-based  company is expected to
report a
37.3% decrease in revenue to $262.493 million from $418.5
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Spire Inc is for a loss
of 18
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Spire Inc
is
$64.50​, below​ its last closing price of $67.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   3.75        3.72       3.45      Missed  -7.2
 Dec. 31 0001  1.37        1.35       1.47      Beat    9
 Sep. 30 2023  -0.63       -0.63      -0.78     Missed  -23.8​
 Jun. 30 2023  -0.05       0.00       -0.42     Missed  -33,70
                                                        0
 ​​Mar.        3.49        3.48       3.70      Beat    6.4
 31 2023                                                
 Dec. 31 2022  1.05        1.03       1.55      Beat    50.1​
 Sep. 30 2022  -0.60       -0.64      -0.66     Missed  -2.9
 Jun. 30 2022  0.02        0.02       0.01      Missed  -57.1
 This summary was machine generated July 29 at 15:42 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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