Spire: Fiscal Q1 Earnings Snapshot
ST LOUIS (AP) — ST LOUIS (AP) — Spire Inc. (SR) on Tuesday reported fiscal first-quarter earnings of $91.2 million.
The St. Louis-based company said it had net income of $1.54 per share. Earnings, adjusted for one-time gains and costs, were $1.77 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.
The natural gas distributor posted revenue of $762.2 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $712.4 million.
Spire expects full-year earnings in the range of $5.25 to $5.45 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SR at https://www.zacks.com/ap/SR
