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

Reuters
02-05
Spire Inc reports results for the quarter ended December 31 - Earnings Summary
  • Spire Inc SR.N reported quarterly adjusted earnings of $1.34​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.47. The mean expectation of nine analysts for the quarter was for earnings of $1.42 per share. Wall Street expected results to range from $1.36 to $1.46 per share.

  • Revenue fell 11.6% to $669.10 million from a year ago; analysts expected $756.50 million.

  • Spire Inc's reported EPS for the quarter was $1.34​.

  • The company reported quarterly net income of $77.5 million.

  • Spire Inc shares had risen by 4.7% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 4.3% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the natural gas utilities peer group is also "hold"

Wall Street's median 12-month price target for Spire Inc is $73.00

This summary was machine generated from LSEG data February 5 at 02:31 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

1.42

1.34

Missed

Sep. 30 2024

-0.52

-0.54

Missed

Jun. 30 2024

-0.16

-0.14

Beat

Mar. 31 2024

3.72

3.45

Missed

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