Spire Inc. Reveals 5% Rise In Q2 Earnings

(RTTNews) - Spire Inc. (SR) reported earnings for its second quarter that rose from last year.

The company said its bottom line totaled $109.0 million, or $2.38 per share. This was higher than $103.5 million, or $2.37 per share, in last year's second quarter.

Analysts had expected the company to earn $2.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.9% to $663.4 million. This was up from $609.3 million last year.

Spire Inc. earnings at a glance:

-Earnings (Q2): $109.0 Mln. vs. $103.5 Mln. last year. -Earnings Growth (Y-o-Y): 5.3% -EPS (Q2): $2.38 vs. $2.37 last year. -EPS Growth (Y-o-Y): 0.4% -Analysts Estimate: $2.37 -Revenue (Q2): $663.4 Mln vs. $609.3 Mln last year. -Revenue Change (Y-o-Y): 8.9%