AP NEWS

Spire: Fiscal 4Q Earnings Snapshot

November 25, 2019

ST LOUIS (AP) _ Spire Inc. (SR) on Monday reported a loss of $34.3 million in its fiscal fourth quarter.

On a per-share basis, the St. Louis-based company said it had a loss of 74 cents. Losses, adjusted for non-recurring costs, came to 54 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.

The natural gas distributor posted revenue of $225.6 million in the period.

For the year, the company reported profit of $184.6 million, or $3.52 per share. Revenue was reported as $1.95 billion.

Spire shares have increased nearly 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $76.87, a decline of nearly 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SR at https://www.zacks.com/ap/SR