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Spire: Fiscal 3Q Earnings Snapshot

Last Updated Aug 5, 2020 at 6:30 am MDT

ST LOUIS (AP) _ Spire Inc. (SR) on Wednesday reported a loss of $92.3 million in its fiscal third quarter.

On a per-share basis, the St. Louis-based company said it had a loss of $1.87. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The natural gas distributor posted revenue of $321.1 million in the period.

Spire expects full-year earnings in the range of $3.70 to $3.75 per share.

Spire shares have fallen 26% since the beginning of the year. The stock has fallen 22% 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

The Associated Press