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Spire (SR) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-07-31 13:21
Spire (SR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this natural gas distributor would post earnings of $3.86 per share when it actually produced earnings of $3.45, delivering a surprise of -10.62%. Over the last four quarters, the company h ...
Spire(SR) - 2024 Q3 - Quarterly Results
2024-07-31 11:31
| --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|----------------------------|-------|-----------------|-------|-------------|-------|--------| | Net Economic (Loss) Earnings* by Segment \nGas Utility | $ | (Millions) 2024 \n(11.0) | $ | 2023 \n(12.3) | | Share) 2024 | | 2023 | | | | | | | | | | | | Gas Marketing | | 1.0 | | (2.5) | | | | | | Midstream Other | | 13.9 (8.2) | | 3.6 (7.4) | | | | | | Total | $ | (4.3) | $ | ( ...
Spire Reports FY24 Third Quarter Results
Prnewswire· 2024-07-31 11:00
NEE excludes from net income, as applicable, the impacts of fair value accounting and timing adjustments associated with energy-related transactions, the impacts of acquisition, divestiture and restructuring activities, and the largely non-cash impacts of other non-recurring or unusual items such as impairments and certain regulatory, legislative, or GAAP standard-setting actions. Midstream NEE improved driven by higher storage earnings, reflecting the additional capacity and new contracts at higher rates, ...
Spire declares dividend
Prnewswire· 2024-07-25 20:23
At Spire Inc. (NYSE: SR) we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Every day we serve 1.7 million homes and businesses making us one of the largest publicly traded natural gas companies in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing and Spire Midstream. We are committed t ...
Spire to Host FY24 Third Quarter Earnings Conference Call on July 31
Prnewswire· 2024-07-10 12:00
ST. LOUIS, July 10, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, July 31 to discuss fiscal 2024 third quarter results. A news release will be issued before the market opens that day and will be available at Investors.SpireEnergy.com under the News tab. To access the call, please dial the applicable phone number 5-10 minutes prior to the start time. Date and Time: Wednesday, July 31 8 a.m. CT (9 a.m. ET) Phone Numbers: U.S. and Canada: 844-824-3832 Internat ...
Spire Global: An AI Buy Story, But In Space
Seeking Alpha· 2024-06-14 08:59
EvgeniyShkolenko SPIR Price History (Seeking Alpha) Business Model Q1 2024 Company Presentation Spire Global (NYSE:SPIR) is an opportunity to bet on space and AI at the same time. Early in its life as a public company, one might think the stock is one to avoid. Currently, the market prices it as a microcap, waiting for Spire to generate positive cash flows. I believe that moment is approaching and that the new opportunities presented by generative AI have paved it wide open. There are some risks, but I thin ...
Spire releases Sustainability Report
Prnewswire· 2024-06-13 13:00
"I'm proud to lead Spire and our talented team of employees, who show time and again their dedication to serving our customers in ways that move our sustainability initiatives forward," said Steve Lindsey, Spire president and chief executive officer. "The future of Spire and our industry is bright. That's because of the important role that natural gas plays — and will continue to play — as part of America's sustainable energy future." Highlights of the report include: Environment. Spire continues to reduce ...
Spire(SR) - 2024 Q2 - Earnings Call Presentation
2024-05-01 21:12
– Prior period deferred gas balances almost fully recovered Gas Utility Midstream — Higher AL earnings due to new rates and weather mitigation Gas Utility $ 469.6 $ 451.2 $ 18.4 New rates in AL (+$6.4M) and MO (ISRS +$5.4M); Usage net of Other Income, Net 7.3 7.0 0.3 Carrying costs credits of $4.0M for Q2 FY24 Capital funding plan 10 S p i r e | S e c o n d q u a r t e r f i s c a l 2 0 2 4 u p d a t e • 2024 annualized dividend increased 4.9% to $3.02 per share Margin (millions) • Q2 earnings results refle ...
Spire(SR) - 2024 Q2 - Earnings Call Transcript
2024-05-01 18:44
Spire, Inc. (NYSE:SR) Q2 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Megan McPhail - Managing Director of Investor Relations Steve Lindsey - President and Chief Executive Officer Scott Doyle - Executive Vice President, Chief Operating Officer Steven Rasche - Executive Vice President, Chief Financial Officer Adam Woodard - Vice President and Treasurer Conference Call Participants Richard Sunderland - JPMorgan Jamieson Ward - Guggenheim Partners Christopher Jeffrey - Mizuho Secu ...
Spire(SR) - 2024 Q2 - Quarterly Report
2024-05-01 14:07
| Commission File Number | Name of Registrant, Address of Principal Executive Offices and Telephone Number | State of Incorporation | I.R.S. Employer Identification Number | | --- | --- | --- | --- | | 1-16681 | Spire Inc. | Missouri | 74-2976504 | | | 700 Market Street | | | | | St. Louis, MO 63101 | | | | | 314-342-0500 | | | | 1-1822 | Spire Missouri Inc. | Missouri | 43-0368139 | | | 700 Market Street | | | | | St. Louis, MO 63101 | | | | | 314-342-0500 | | | | 2-38960 | Spire Alabama Inc. | Alabama | 6 ...