03.08.2016 13:20:27

Spire Inc. Earnings Rise 32% In Q3

(RTTNews) - Spire Inc. (SR) revealed a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line came in at $14.6 million, or $0.33 per share. This was up from $11.1 million, or $0.25 per share, in last year's third quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.4% to $249.3 million. This was down from $275.2 million last year.

Spire Inc. earnings at a glance:

-Earnings (Q3): $14.6 Mln. vs. $11.1 Mln. last year. -Earnings Growth (Y-o-Y): 31.5% -EPS (Q3): $0.33 vs. $0.25 last year. -EPS Growth (Y-o-Y): 32.0% -Analysts Estimate: $0.27 -Revenue (Q3): $249.3 Mln vs. $275.2 Mln last year. -Revenue Change (Y-o-Y): -9.4%

-Guidance: Full year EPS guidance: $3.34 - $3.44

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