Spire

Spire Inc. operates as a public utility holding company, which provides natural gas service through its utility operations while engaging in non-regulated activities. It operates through the Gas Utility and Gas Marketing Business segments. The Gas Utility segment includes the regulated operations of Laclede Gas Company and Alabama Gas Corporation. The Gas Marketing segment includes Laclede Energy Resources, Inc., a subsidiary engaged in the marketing of natural gas and related activities on a non-regulated basis. The company also engages in other businesses, including the transportation of liquid propane, real estate development, the compression of natural gas, financial investments in other enterprises, propane sales transactions, propane storage, and related services, and merchandise sales business. Spire was founded in 1857 and is headquartered in St. Louis, MO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Spire reports robust Q1 earnings, navigates challenges for sustainable growth

Spire's Q1 2023 earnings call highlighted strong financial performance, strategic focus on natural gas, and commitment to safety and service quality. The company faces challenges in managing analyst queries, maintaining financial ratios, and addressing legal issues, but also sees opportunities in leveraging operational excellence and industry advocacy for future growth.

Spire reports strong earnings growth amidst weather challenges and Moody's outlook shift

Spire's Q2 2023 performance showed growth in net economic earnings and Gas Utility earnings, despite challenges from a warm winter.
The company's strategic strengths lie in its capital investment targets, regulatory support, and successful execution of plans.
Challenges include weather impacts on gas utilities and Moody's negative outlook on Alabama, while opportunities arise from investments and lower gas prices.
Overall, Spire's focus on sustainability, financial stability, and growth initiatives position it for long-term success in the energy sector.

Spire reports Q3 loss, eyes 2024 rebound amid challenges

Spire faces challenges from lower demand and high costs but is strategically positioned for growth in 2024.
Efforts towards regulatory recovery, governance oversight, and capital investments are strengths for the company.
Revised earnings guidance and financing forecast pose challenges amidst opportunities for growth.
Overall, Spire remains confident in its ability to rebound in 2024 and beyond.

Spire exceeds earnings expectations, plans utility investment for growth

Spire's strong financial performance in FY '23 and optimistic guidance for FY '24 indicate a positive outlook for the company.
While facing challenges in managing costs and driving earnings growth, Spire's strategic focus on value creation and infrastructure investment bodes well for future success.
Investors can look forward to potential growth opportunities as Spire aims to deliver on its financial targets and enhance shareholder value through prudent capital allocation.

Spire reports steady Q1 earnings amidst weather challenges and acquisitions

Spire Inc. navigated challenges from extreme weather to deliver resilient earnings performance in Q1 2024. Despite lower earnings compared to the previous year, the company remains focused on growth through strategic acquisitions and capital investments, while managing expenses efficiently.

Spire reports Q2 earnings dip, eyes growth in gas utilities

Spire's Q2 performance reflected a slight decline in earnings per share but maintained a positive growth outlook for the future.
The company's strategic strengths in capital investments, sustainable energy focus, and operational optimization were key highlights.
Challenges from lower usage, weather impacts, and regulatory issues were acknowledged, with opportunities seen in growth outlook and infrastructure development.

Spire reports improved Q3 earnings, focuses on cost efficiency

Spire anticipates earnings per share between $4.15 and $4.25 for the fiscal year, with savings expected to offset headwinds. The company is confident in long-term net economic earnings per share growth target of 5% to 7%. No plans to slow dividend growth, targeting a 15% to 16% FFO to debt ratio.

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While the top- and bottom-line numbers for Spire (SR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Spire (SR) Q4 Earnings: A Look at Key Metrics

Issues fiscal 2024 earnings guidance; reaffirms long-term growth target ST. LOUIS , Nov. 16, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal year 2023 ended September 30.

Spire Reports Fiscal 2023 Results

Spire (SR) raises its quarterly dividend once again, thanks to its expanding infrastructure and increasing customer base, creating demand for its services.

Spire (SR) Rewards Shareholders With 4.9% Dividend Hike

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Spire (SR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Spire (SR) Ahead of Earnings?

21st Consecutive Year of Increases ST. LOUIS , Nov. 13, 2023 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) unanimously agreed to increase the quarterly common stock dividend to $0.755 per share from $0.72 per share.

Spire Increases Common Stock Dividend

Spire (SR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Spire (SR) Report Negative Earnings Next Week? What You Should Know

Spire Inc.'s shares are undervalued by 10% and offer a competitive yield of 5.3%. The company has a strong dividend history, with regular increases for the past 20 years. Spire's preferred shares are paying a high yield of 6.9% and are also trading at a discount.

Spire Inc.: Lower Utility Valuations Have Created An Attractive Entry Point

ST. LOUIS , Oct. 26, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, Nov. 16 to discuss our fiscal 2023 fourth quarter and full-year results. We will issue our earnings news release before the market opens that day, and it will be available on our website at Investors.SpireEnergy.com under the News tab.

Spire to Host Earnings Conference Call on Nov. 16

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Board of Directors Concludes Comprehensive Executive Search Process ST. LOUIS , Sept.

Spire Announces Steve Lindsey as President and CEO

Spire Inc. is a regulated natural gas utility operating in Missouri, Mississippi, and Alabama, serving approximately 1.7 million customers. The company has shown remarkable stability in its revenue and cash flows, making it an attractive investment option during an economic downturn. Spire plans to invest $7.0 billion in infrastructure over the next decade, aiming for a 7-8% rate base growth and a 5-7% earnings per share growth rate.

Spire: Well Positioned For The Coming Recession

New role for Mills, who previously led utility operations in western Missouri. ST. LOUIS , Aug. 8, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) has named Stephen Mills senior vice president and president of Spire Missouri.

Stephen Mills named president of Spire Missouri

Spire, Inc. (NYSE:SR ) Q3 2023 Earnings Conference Call August 2, 2023 9:00 AM ET Company Participants Scott Dudley - MD, IR Suzanne Sitherwood - President, CEO & Director Steven Lindsey - EVP & COO Steven Rasche - EVP & CFO Adam Woodard - Treasurer Conference Call Participants Richard Sunderland - JPMorgan Chase & Co. David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Bank of America Merrill Lynch Christopher Jeffrey - Mizuho Securities Operator Hello, and welcome to the Spire Third Quarter Earnings Conference Call. [Operator Instructions].

Spire, Inc. (SR) Q3 2023 Earnings Call Transcript

Spire's (SR) fiscal third-quarter revenues miss estimates. The company narrows its earnings expectation for fiscal 2023.

Spire's (SR) Q3 Loss Wider Than Expected, Sales Fall Y/Y

The headline numbers for Spire (SR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Spire (SR) Q3 Earnings

ST. LOUIS , Aug. 2, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal 2023 third quarter ended June 30, including: Net loss of $21.6 million, or ($0.48) per diluted share, compared to a net loss of $1.4 million, or ($0.10) per share, in the prior year On a net economic earnings* basis, a loss of $18.6 million, or ($0.42) per share, down from earnings of $4.1 million, or $0.01 per share, a year ago Fiscal 2023 net economic earnings guidance range lowered to $4.15–$4.25 per share "Our results for the quarter reflect the impact of higher costs, timing of regulatory adjustments and mild weather. In addition, we experienced less favorable market conditions that impacted our marketing and midstream businesses," said Suzanne Sitherwood, president and chief executive officer of Spire.

Spire Reports FY23 Third Quarter Results

Analysts Estimate Spire (SR) to Report a Decline in Earnings: What to Look Out for

ST. LOUIS, July 25, 2023 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has increased the size of the board from 9 members to 11 and elected Vinny Ferrari and Paul D. Koonce as its newest members, effective July 19, 2023, and July 28, 2023, respectively.

Spire Elects Vinny Ferrari and Paul D. Koonce to Board of Directors

ST. LOUIS , July 7, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, August 2 to discuss our fiscal 2023 third quarter results. We will issue our earnings news release before the market opens that day, and it will be available on our website at Investors.SpireEnergy.com under the News tab.

Spire to Host Earnings Conference Call on August 2

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Spire (SR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Spire (SR) Upgraded to Buy: What Does It Mean for the Stock?

ST. LOUIS , June 13, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) (the "Company" or "we") today announced that it commenced an underwritten public offering of shares of the Company's common stock having an offering price of $112.0 million (the "offering"). The offering is being made as part of our existing "at-the-market" offering program (the "ATM Program").

Spire Announces Proposed Offering of Common Stock

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Despite near-term challenges of the Zacks Gas Distribution industry, systematic investment to strengthen infrastructure and efficiently supply natural gas to customers should drive the performance of ATO, MDU, NJR and SR.

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News for Spire Stock (SR)