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The latest announcement is out from Spire ( (SR) ).
On February 5, 2025, Spire Inc. announced its fiscal 2025 first-quarter results, reporting a net income of $81.3 million, a decrease from $85.1 million the previous year. The company’s adjusted earnings per share were $1.34, down by $0.13 compared to the last year. The Gas Utility segment showed growth due to higher earnings at Spire Alabama and Spire Gulf, but this was partially offset by lower Spire Missouri usage and increased depreciation expenses. The Midstream segment benefited from increased capacity and contract renewals, while Gas Marketing earnings were impacted by market conditions. Spire reaffirmed its fiscal 2025 earnings guidance, expecting a range of $4.40 to $4.60 per share, with long-term growth driven by significant capital investments in infrastructure upgrades.
More about Spire
Spire Inc. (NYSE: SR) is one of the largest publicly traded natural gas companies in the United States, serving 1.7 million homes and businesses. The company operates gas utilities in Alabama, Mississippi, and Missouri, focusing on providing reliable and affordable energy to its customers.
YTD Price Performance: 3.87%
Average Trading Volume: 363,816
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.13B
Learn more about SR stock on TipRanks’ Stock Analysis page.
