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SR Spire News Story

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Spire Inc reports results for the quarter ended March 31 - Earnings Summary

Spire Inc SR.N reported quarterly adjusted earnings of $3.60​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $3.45.  The mean expectation of nine analysts for the quarter was for earnings of $3.67 per share. Wall Street expected results to range from $3.59  to $3.79 per share.

Revenue fell 6.8% to $1.05 billion from a year ago; analysts expected $1.24 billion.

Spire Inc's reported EPS for the quarter was $3.51​.

The company reported quarterly net income of $205.3 million.

Spire Inc shares had fallen by 1.5% this quarter and gained 13.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is  "hold."

Wall Street's median 12-month price target for Spire Inc is $77.00

This summary was machine generated from LSEG data April 30 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20253.673.60Missed
Dec. 31 20241.421.34Missed
Sep. 30 2024-0.52-0.54Missed
Jun. 30 2024-0.16-0.14Beat

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