Spire Reports Second Quarter Results

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Spire (SR) Tops Q2 EPS by 62c, Revenues Beat; Raises FY21 EPS Outlook Above Consensus

May 7, 2021 7:03 AM EDT

Spire (NYSE: SR) reported Q2 EPS of $3.71, $0.62 better than the analyst estimate of $3.09. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $773.79 million.

Second quarter fiscal 2021 net income of $187.4 million ($3.55 per diluted share), compared to $133.6 million ($2.54 per share) in the prior yearNet economic earnings* (NEE) of $195.6 million ($3.71 per share), up from $144.0 million ($2.75 per share) a year ago, reflecting strong Spire Marketing performanceResults for Spire Marketing include value created during the February cold weather event, and our... More