02.08.2018 15:10:16

Spire Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Spire Inc. (SR) announced earnings for its third quarter that climbed from the same period last year.

The company's profit came in at $25.9 million, or $0.52 per share. This compares with $21.7 million, or $0.45 per share, in last year's third quarter.

Excluding items, Spire Inc. reported adjusted earnings of $15.2 million or $0.31 per share for the period.

Analysts had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.4% to $350.6 million from $323.5 million last year.

Spire Inc. earnings at a glance:

-Earnings (Q3): $15.2 Mln. vs. $21.6 Mln. last year. -EPS (Q3): $0.31 vs. $0.44 last year. -Analysts Estimate: $0.26 -Revenue (Q3): $350.6 Mln vs. $323.5 Mln last year.

-Guidance: Full year EPS guidance: $3.65 - $3.75

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