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

Spire Global

31/03/2025 23:34

Spire Global Inc SPIR.N reported a quarterly adjusted loss of 83 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -58 cents.  The mean expectation of five analysts for the quarter was for a loss of 68 cents per share. Wall Street expected results to range from -92 cents to -22 cents per share.

Revenue fell 21.9% to $21.66 million from a year ago; analysts expected $26.38 million.

Spire Global Inc's reported EPS for the quarter was a loss of $1.96​.

The company reported a quarterly loss of $48.24 million.

Spire Global Inc shares had fallen by 41.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 376.8% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Spire Global Inc is $20.00

This summary was machine generated from LSEG data March 31 at 10:34 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-0.68
-0.83
Missed
Sep. 30 2024
-0.19
-0.43
Missed
Jun. 30 2024
-0.26
-0.45
Missed
Mar. 31 2024
-0.68
-0.53
Beat