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Spire Inc. (SR) reported second quarter net economic earnings of $195.6 million or $3.71 per share, up from $144.0 million or $2.75 per share, a year ago. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $3.09, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | May 7, 2021 07:23AM EDT

07:23 Friday, May 7, 2021 (RTTNews.com) - Spire Inc. (SR) reported second quarter net economic earnings of $195.6 million or $3.71 per share, up from $144.0 million or $2.75 per share, a year ago. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $3.09, for the quarter. Analysts' estimates typically exclude special items.

Second quarter net income was $187.4 million or $3.55 per share, compared to $133.6 million or $2.54 per share, prior year.

Second quarter operating revenues increased to $1.11 billion from $715.5 million, last year. Analysts expected revenue of $773.79 million, for the quarter.

The Spire board has declared a quarterly common stock dividend of $0.65 per share, payable July 2, 2021, to shareholders of record on June 11, 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3192911/spire-inc-q2-profit-tops-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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