Spire(SR)
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Spire: Higher Leverage Than Peers, Which Could Pose A Risk
Seeking Alpha· 2024-12-24 16:45
Spire Inc. (NYSE: SR ) is a regulated natural gas utility that serves the U.S. states of Missouri, Mississippi, and Alabama. The company’s website offers the following description of its business:At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as we ...
Spire again earns spot on Newsweek's 'Most Responsible Companies' list
Prnewswire· 2024-12-04 18:00
For sixth consecutive year, Spire is recognized for strong performance in the areas of environment, social responsibility and corporate governance.ST. LOUIS, Dec. 4, 2024 /PRNewswire/ -- For the sixth consecutive year, Spire has been named one of "America's Most Responsible Companies" by Newsweek, recognizing the company's strong performance in the areas of environment, social responsibility and corporate governance.In new rankings, unveiled Dec. 4 by Newsweek, Spire is listed at 252 among the top 600 compa ...
Spire to Gain From Investments and Expanding Customer Base
ZACKS· 2024-12-04 13:55
Spire (SR) benefits from its investments in strengthening and expanding its operations, enabling it to meet the rising demand from an expanding customer base. It has a tendency to use technology to advance operations to save costs and improve services.However, this Zacks Rank #3 (Hold) company faces risks related to environmental laws.SR’s Tailwinds Spire has a capital investment plan of $7.4 billion over the next 10 years to strengthen its existing operations. SR expects this systematic investment to drive ...
Spire Missouri files rate case to recover infrastructure and technology investments
Prnewswire· 2024-11-26 13:00
ST. LOUIS, Nov. 26, 2024 /PRNewswire/ -- Late yesterday, Spire Missouri filed a rate case with the Missouri Public Service Commission (PSC) to recover infrastructure and technology upgrade investments made to better serve customers."We're committed to safely delivering reliable and efficient natural gas service to more than 1.2 million homes and businesses in Missouri and doing so in the most affordable way for our customers," said Steve Mills, Spire Missouri president. "We want our customers to know that e ...
Spire(SR) - 2024 Q4 - Earnings Call Presentation
2024-11-20 18:47
The Future is Bright Year-end fiscal 2024 update November 20, 2024 Forward-looking statements and use of non-GAAP measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements in this presentation speak only as of today, and we assume no duty to update them. Forward-looking statements are typically identified by words such as, but not limited to: "estimates," "expects," "anticipates," "intends," "targ ...
Spire(SR) - 2024 Q4 - Earnings Call Transcript
2024-11-20 18:47
Spire Inc. (NYSE:SR) Q4 2024 Earnings Conference Call November 20, 2024 9:00 AM ET Company Participants Megan McPhail - Managing Director, Investor Relations Steve Lindsey - President and Chief Executive Officer Steven Rasche - Executive Vice President and Chief Financial Officer Scott Doyle - Executive Vice President and Chief Operating Officer Adam Woodard - Vice President and Treasurer Conference Call Participants Richard Sunderland - JP Morgan James Ward - Jefferies Christopher Jeffrey - Mizuho Securiti ...
Spire Q4 Loss Wider Than Expected, Revenues Decline Y/Y
ZACKS· 2024-11-20 16:10
Spire Inc. (SR) reported a fourth-quarter fiscal 2024 loss of 54 cents per share, wider than the Zacks Consensus Estimate of a loss of 52 cents. The company reported a loss of 78 cents per share in the year-ago quarter.SR reported fiscal 2024 adjusted earnings of $4.13 per share compared with $4.05 in fiscal 2023, reflecting a year-over-year increase of 2%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.SR’s Revenues Total revenues for the reported quarter were $293.8 million, which ...
Spire(SR) - 2024 Q4 - Annual Report
2024-11-20 15:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 (Mark One) FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | |------------------------|---------------------------------------------------------------------------------|---- ...
Spire (SR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-20 15:31
For the quarter ended September 2024, Spire (SR) reported revenue of $293.8 million, down 5.4% over the same period last year. EPS came in at -$0.54, compared to -$0.78 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $317.32 million, representing a surprise of -7.41%. The company delivered an EPS surprise of -3.85%, with the consensus EPS estimate being -$0.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Spire (SR) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2024-11-20 14:11
Spire (SR) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.52. This compares to loss of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this natural gas distributor would post a loss of $0.18 per share when it actually produced a loss of $0.14, delivering a surprise of 22.22%.Over the last four quarters, the company has surp ...