Spire (SR) PT Raised to $69 at Morgan Stanley

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UPDATE: Spire (SR) Tops Q1 EPS by 11c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus

February 4, 2021 7:10 AM EST

(Updated - February 4, 2021 7:11 AM EST)

Spire (NYSE: SR) reported Q1 EPS of $1.42, $0.11 better than the analyst estimate of $1.31. Revenue for the quarter came in at $512.6 million versus the consensus estimate of $579.26 million.

First quarter fiscal 2021 net income of $88.9 million ($1.65 per diluted share), compared to $67.0 million ($1.24 per share) in the prior yearNet economic earnings* of $76.9 million ($1.42 per share), up from $71.8 million ($1.33 per share) a year agoWe remain on... More