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Spire (SR) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-23 15:07
Core Viewpoint - Spire (SR) is anticipated to report a year-over-year increase in earnings despite a decline in revenues, which could significantly influence its stock price depending on the actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for April 30, 2025, with expectations of quarterly earnings at $3.70 per share, reflecting a 7.3% increase year-over-year, while revenues are projected to be $1.09 billion, down 3% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 1.47% higher in the last 30 days, indicating a positive reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +0.90%, suggesting a higher likelihood of beating the consensus EPS estimate, although the stock currently holds a Zacks Rank of 3 [11][10]. Historical Performance - In the last reported quarter, Spire was expected to post earnings of $1.42 per share but delivered only $1.34, resulting in a surprise of -5.63%. Over the past four quarters, the company has only beaten consensus EPS estimates once [12][13]. Conclusion - While Spire is positioned as a potential earnings-beat candidate, it is essential to consider other influencing factors beyond just the earnings report when evaluating the stock [14][16].
Spire to host FY25 second quarter earnings conference call on April 30
Prnewswire· 2025-04-15 12:00
Core Viewpoint - Spire Inc. will host a conference call on April 30, 2025, to discuss its fiscal 2025 second quarter financial results and earnings guidance [1] Group 1: Conference Call Details - The conference call is scheduled for April 30, 2025, at 9 a.m. CT (10 a.m. ET) [1] - Participants can access the call by dialing the provided phone numbers 5-10 minutes prior to the start time [1] - A news release will be issued before the market opens on the same day [1] Group 2: Replay Information - A replay of the call will be available until May 7, 2025, with specific access numbers for the U.S., Canada, and international callers [2] - The replay access code for the call is 5397934 [2] - A replay of the webcast will also be available on the company's website [2] Group 3: Company Overview - Spire Inc. serves 1.7 million homes and businesses, making it one of the largest publicly traded natural gas companies in the U.S. [3] - The company operates gas utilities in Alabama, Mississippi, and Missouri [3] - Spire's business strategy focuses on organic growth, infrastructure investment, and innovation [3]
Spire Global: Still A Buyer Despite Recent Challenges
Seeking Alpha· 2025-04-02 03:04
Core Insights - Spire Global (NYSE: SPIR) is identified as a growing satellite and data company, previously rated as a Buy in two analyses, with the most recent coverage in January indicating a significant price drop since then [1] Company Analysis - The analysis approach focuses on value investing, adopting an owner's mindset and a long-term perspective, with no recommendations for short selling [1] - The analyst holds a beneficial long position in SPIR shares through various financial instruments, indicating confidence in the company's future performance [2] Market Context - The article emphasizes that past performance does not guarantee future results, highlighting the inherent uncertainties in investment decisions [3]
Spire Inc: Buy For Income
Seeking Alpha· 2025-03-21 12:20
Group 1 - The company focuses on timely dividend-paying stocks to assist investors in wealth accumulation [1] - The author has extensive experience as a Registered Investment Advisor and has published multiple investment-related books [1] - The company aims to provide a steady pace of financial growth for its clients through various investment strategies [1] Group 2 - The author has a background in corporate management, having worked for Georgia-Pacific Corp for 15 years before starting their own ventures [1] - The company has a history of involvement in small business advisory roles, including an appointment by President Ronald Reagan [1] - The investment newsletter created in the late 1990s emphasized selections of dividend-paying stocks [1]
Spire to Benefit From Investments and Expanding Customer Base
ZACKS· 2025-03-19 15:45
Core Viewpoint - Spire Inc. is positioned to benefit from its investments aimed at expanding operations and meeting increasing customer demand, while also leveraging technology to enhance efficiency and service quality [1][4]. Investment and Growth Plans - Spire plans to invest $790 million in fiscal 2025, which is $100 million more than its previous estimate, focusing on reliability, new service connections, and advanced meter installations in Spire Missouri [2]. - The company has a long-term capital investment plan of $7.4 billion over the next decade, expecting to drive 7-8% rate base growth [2]. Customer Base and Technological Advancements - There has been a consistent increase in the average number of gas utility customers, with Spire installing over 350,000 advanced meters in fiscal 2024, benefiting a total of 850,000 customers [3]. - The company is innovating through technology, which not only enhances service quality but also reduces operational costs, benefiting customers [4]. Challenges and Risks - Spire's supply of natural gas is reliant on the performance of suppliers and the capacity of pipeline and storage operators, posing a risk to financial performance in case of disruptions [5]. - The company faces regulatory challenges due to numerous environmental laws, which can increase operating costs and impact profitability if compliance is not met [6]. Stock Performance - Over the past six months, Spire's stock has increased by 14.6%, contrasting with a 3.5% decline in the industry [7]. Industry Comparisons - Other better-ranked stocks in the industry include UGI Corporation, Southwest Gas, and New Jersey Resources, all currently rated Zacks Rank 2 (Buy) [8]. - UGI has a long-term earnings growth rate of 4.8% with an average earnings surprise of 74.82% over the last four quarters [8]. - Southwest Gas has a long-term earnings growth rate of 6.6%, with a Zacks Consensus Estimate for 2025 EPS indicating a 17.1% improvement [9]. - New Jersey Resources has a fiscal 2025 EPS estimate showing a 7.5% improvement, with revenues projected at $1.84 billion, reflecting a 2.5% rise [9].
With Its Kpler Deal on the Rocks, Can Spire Stock Survive?
The Motley Fool· 2025-03-16 13:09
Core Viewpoint - Spire Global is facing significant financial challenges due to high debt levels and cash burn, but a potential sale of its maritime subsidiary could resolve these issues and position the company for growth [1][2][3]. Financial Situation - Spire Global has $131 million in debt and only $64 million in cash, having burned through $54 million in cash in 2023 [2]. - The company plans to sell its maritime ship-tracking subsidiary to Kpler for $241 million, which would eliminate its debt and provide sufficient cash to operate for at least three years [3][4]. Sale and Legal Issues - Kpler initially agreed to the acquisition but later attempted to back out, leading Spire to file a lawsuit to enforce the sale [5][6]. - Spire's management has indicated uncertainty regarding the lawsuit's outcome, which could force the company to repay its loans immediately if the deal fails [6]. Recent Earnings and Performance - In Q3 2024, Spire reported a 29% year-over-year increase in sales to $28.6 million and a significant reduction in GAAP losses to $12.5 million [9]. - The company generated positive free cash flow of $5.1 million and has a strong book-to-bill ratio of 1.4, indicating potential for future sales growth [9]. Current Status and Market Reaction - Despite positive earnings news and the potential for the Kpler deal to close soon, Spire's stock has not reacted favorably, with a 16% decline in stock price following the earnings report [10][11]. - The market has not yet fully recognized the implications of the Kpler deal, suggesting that Spire's stock could potentially double once investors understand the situation [12].
Why Is Spire (SR) Up 5.1% Since Last Earnings Report?
ZACKS· 2025-03-07 17:36
Company Overview - Spire Inc. reported Q1 fiscal 2025 earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.42 by 5.6% and declining 8.8% from $1.47 in the prior year [2] - Total revenues for the quarter were $669.1 million, missing the Zacks Consensus Estimate of $726 million by 7.8% and decreasing 11.6% from $756.6 million in the year-ago quarter [3] Financial Performance - Operating expenses totaled $520.3 million, down 15.7% from $617.4 million in the prior-year period [4] - Operating income was $148.8 million, compared to $139.2 million in the prior-year quarter [4] - Net interest expenses decreased 5.1% year over year to $48 million [4] Segment Performance - Gas Utility segment reported adjusted earnings of $77.8 million, up 2.6% from the prior-year quarter, driven by higher Spire Missouri ISRS revenues and improved margins at Spire Alabama [5] - Gas Marketing segment reported adjusted earnings of $2.2 million, down 69.4% from the prior-year quarter due to higher storage and transportation costs [6] - Midstream segment adjusted earnings totaled $12 million, up 400% from the year-ago quarter, attributed to higher Spire Storage earnings [7] - Other segment reported an adjusted loss of $10.9 million compared to a loss of $2.7 million in the prior-year quarter [7] Financial Highlights - Cash and cash equivalents as of December 31, 2024, were $11.5 million, up from $4.5 million as of September 30, 2024 [8] - Long-term debt as of December 31, 2024, totaled $3,697.7 million, slightly down from $3,704.4 million as of September 30, 2024 [8] - Net cash provided by operating activities in Q1 totaled $81.1 million, compared to $70 million in the year-ago period [8] Guidance and Outlook - Spire expects fiscal 2025 earnings to be in the range of $4.40-$4.60 per share, with the Zacks Consensus Estimate at $4.51 per share [10] - The company anticipates a 10-year capital investment of $7.4 billion, expected to drive annual rate-based growth of 7-8% [10] - Capital expenditures for fiscal 2025 are projected to be $790 million [10] Industry Context - Spire is part of the Zacks Utility - Gas Distribution industry, which has seen Atmos Energy (ATO) gain 2.3% over the past month [14] - Atmos reported revenues of $1.18 billion for the quarter ended December 2024, reflecting a year-over-year change of +1.5% [14]
Why Spire Global Stock Just Crashed 50%
The Motley Fool· 2025-02-12 17:12
Spire's biggest news of last year could become its worst news of this year.Spire Global (SPIR -52.59%) stock crashed 49.7% through 11:11 a.m. ET Wednesday, and a lot of investors are wondering why right now. What the heck is going on? There's neither a single press release about this nor anything on the company's website to explain the disaster.Lucky for you, I've found the answer.In a Securities and Exchange Commission 8-k filing last night, Spire Global warned investors about a major risk to their investm ...
Chili's® celebrates its iconic Presidente Margarita with 'Ride the 'Dente'™ campaign via renewed partnership with Spire Motorsports
Prnewswire· 2025-02-11 14:00
The Presidente, or 'Dente', has been a menu staple since 1994, featuring reposado tequila, brandy, orange liqueur and a head-turning presentation. Chili's team members walk through the restaurant, shaking the margarita loudly by hand, before pouring it into a handblown, blue-rimmed glass reserved only for the Presidente. It's served alongside a blue shaker, that now features a refreshed logo, giving guests the opportunity to pour seemingly endless margaritas. But the 'Dente isn't just a deliciously flashy ...
Spire Global Lands ~$50M Contract For Canadian Wildfire Detection; Stock Jumps
Benzinga· 2025-02-07 16:50
Core Insights - Spire Global, Inc. has secured a C$72 million ($50.40 million) agreement with the Canadian government to create a satellite network for tracking wildfires, leading to a surge in its stock price [1][5] - The WildFireSat mission, scheduled for launch in 2029, aims to provide critical data on wildfire dynamics, smoke, and air quality, focusing on peak burn periods [2] - The initiative is expected to address the significant financial burden of wildfires in Canada, which costs approximately C$1 billion annually, not including additional economic impacts [3] Group 1 - Spire Global Canada will design and build a specialized satellite constellation to support the WildFireSat mission [1] - The collaboration with OroraTech will develop essential payloads for the satellites, enhancing wildfire monitoring capabilities [2] - The project will involve Indigenous businesses through a partnership with the Alexis Nakota Sioux Nation, creating job opportunities and economic benefits for these communities [4] Group 2 - The CEO of Spire Global emphasized the importance of detecting wildfires as a significant satellite capability that benefits public safety, environmental health, and the economy [5] - Spire's stock price increased by 10.5%, reaching $20.39 following the announcement of the agreement [5]