Spire(SR)
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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) 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 ...
Spire Reports Fiscal 2024 Results
Prnewswire· 2024-11-20 12:00
Affirms long-term growth target; issues fiscal 2025 earnings guidanceST. LOUIS, Nov. 20, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal year 2024 ended September 30. Highlights include: Fiscal 2024 net income of $250.9 million ($4.19 per share) compared to $217.5 million ($3.85 per share) in fiscal 2023 Adjusted earnings* of $247.4 million ($4.13 per share) compared to $228.1 million ($4.05 per share) in fiscal 2023 Reaffirms long-term adjusted earnings per share (EPS) grow ...
Spire Inc. announces chief financial officer retirement, successor
Prnewswire· 2024-11-18 13:00
ST. LOUIS, Nov. 18, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced that Steve Rasche will step down as executive vice president and chief financial officer effective Jan. 1, 2025. He will continue to serve as a senior adviser until his retirement on April 1, 2025. Adam Woodard, Spire's vice president and treasurer, will succeed him as executive vice president and chief financial officer effective Jan. 1, 2025. Steve Rasche Adam Woodard After joining Spire in 2009 and becoming CFO in 2013 ...
Unveiling Spire (SR) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-15 15:21
Wall Street analysts forecast that Spire (SR) will report quarterly loss of $0.52 per share in its upcoming release, pointing to a year-over-year increase of 33.3%. It is anticipated that revenues will amount to $317.32 million, exhibiting an increase of 2.2% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...
These Analysts Boost Their Forecasts On Spire Global
Benzinga· 2024-11-14 14:16
Spire Global, Inc. SPIR agreed to sell its maritime business to Kpler for roughly $241 million.The deal includes a $233.5 million purchase price and $7.5 million allocated for services over the next twelve months post-closing. This valuation reflects roughly 5.8 times the revenue generated by the maritime business over the past year.Peter Platzer, Spire CEO said, "We are now even better equipped with the resources, technology and experience to serve governments and commercial clients to fulfill their missio ...
Why Spire Global, Planet Labs, and AST SpaceMobile Stocks Rocketed Today
The Motley Fool· 2024-11-13 19:24
A powerful earnings report from Rocket Lab propelled space stocks higher on Wednesday. The tiny rocket company reported better than 50% sales growth in its third quarter of 2024, and promised to basically double that growth rate in Q4.Is it any wonder space investors are excited?As of 12:45 p.m. ET, shares of Spire Global (SPIR 16.37%) are up 22%, while AST SpaceMobile (ASTS 19.04%) stock is gaining 22.1%, with Planet Labs (PL 14.45%) bringing up the rear with "only" a 14.5% gain.Planet Labs and AST SpaceMo ...
Will Spire (SR) Report Negative Earnings Next Week? What You Should Know
ZACKS· 2024-11-13 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Spire (SR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 20. On t ...
Why Spire (SR) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-22 14:40
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...