* Spire Inc reported a quarterly adjusted loss of 54 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -78 cents. The mean expectation of nine analysts for the quarter was for a loss of 52 cents per share. Wall Street expected results to range from -58 cents to -43 cents per share.
* Revenue fell 5.3% to $293.80 million from a year ago; analysts expected $382.54 million.
* Spire Inc's reported EPS for the quarter was a loss of 51 cents.
* The company reported a quarterly loss of $29.6 million.
* Spire Inc shares had risen by 1.0% this quarter and gained 9.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the natural gas utilities peer group is also "hold"
Wall Street's median 12-month price target for Spire Inc is $70.00 This summary was machine generated from LSEG data November 20 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.52 -0.54 Missed
Jun. 30 2024 -0.16 -0.14 Beat
Mar. 31 2024 3.72 3.45 Missed
Dec. 31 2023 1.35 1.47 Beat
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