Spire: Overview of Fiscal First Quarter Financial Results

Spire Inc. Reports Strong First-Quarter Financial Results

Spire Inc., headquartered in St. Louis, announced on Tuesday that it achieved a net profit of $91.2 million for its fiscal first quarter.

The company reported earnings of $1.54 per share, with adjusted earnings—excluding special items—coming in at $1.77 per share.

These figures exceeded analysts’ expectations, as the consensus estimate from four analysts polled by Zacks Investment Research was $1.62 per share.

Spire, a natural gas supplier, generated $762.2 million in revenue during the quarter, outperforming the $712.4 million forecasted by three Zacks analysts.

Looking ahead, Spire projects its full-year earnings to fall between $5.25 and $5.45 per share.