Tag Archives: Spire Inc.

Spire Inc (SR) 25Q3 Update

Spire reported 25Q3 GAAP EPS of $0.29, reversing last year’s 24Q2’s loss of $0.28.  Non-GAAP, net economic EPS (NEEPS) was $0.01 vs. a loss of $0.14.  I had projected a GAAP and NEEPS loss of $0.08.  By segment, Gas Utility … Continue reading

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Spire Inc (SR) 25Q2 Update

Spire reported 25Q2 GAAP EPS of $3.51, down from $3.58 in 24Q2.  Non-GAAP, net economic EPS (NEEPS) was $3.60, up from $3.45.  I had projected GAAP and NEEPS of $3.75.  Operating revenues of $1.05 billion were down 6.8% YOY and … Continue reading

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Spire Inc (SR) 25Q1 Update

Spire reported 25Q1 GAAP EPS of $1.34, down from $1.52 in 24Q1.  Non-GAAP, net economic EPS (NEEPS) was $1.34, down from $1.47.  I had anticipated economic EPS of $1.49.  Operating revenues of $669.1 million were down 11.1% YOY and 14.6% … Continue reading

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Spire (SR) 24Q4 Update

Spire reported a 24Q4 GAAP loss of $0.51 per share, better than 23Q4’s $0.66 loss.  Its non-GAAP, net economic loss per share (NEEPS) was $0.54, also improved over 23Q4’s $0.78 loss, but worse than my $0.41 loss estimate.  Operating revenues … Continue reading

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Initiating Coverage on Spire Inc (SR)

Spire Inc. (NYSE:SR) is a public utility holding company based in St. Louis, MO.  The company operates in three segments: Gas Utility, Gas Marketing and Midstream. Its Gas Utility segment accounts for 93% of Spire’s operating revenues and 80% of … Continue reading

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