Spire: Fiscal 4Q Earnings Snapshot
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.