Workflow
Spire (SR) Q2 Earnings and Revenues Miss Estimates
SRSpire(SR) ZACKS·2025-04-30 13:20

Company Performance - Spire reported quarterly earnings of 3.60pershare,missingtheZacksConsensusEstimateof3.60 per share, missing the Zacks Consensus Estimate of 3.70 per share, but showing an increase from 3.45pershareayearago,resultinginanearningssurpriseof−2.703.45 per share a year ago, resulting in an earnings surprise of -2.70% [1] - The company posted revenues of 1.05 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.97%, and down from 1.13billionyear−over−year[2]−Overthelastfourquarters,SpirehassurpassedconsensusEPSestimatesonlyonceandhasnotbeatenconsensusrevenueestimatesduringthesameperiod[2]StockOutlook−Spireshareshaveincreasedapproximately13.61.13 billion year-over-year [2] - Over the last four quarters, Spire has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during the same period [2] Stock Outlook - Spire shares have increased approximately 13.6% since the beginning of the year, contrasting with a -5.5% decline in the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -0.13 on revenues of 412.11million,andforthecurrentfiscalyear,itis412.11 million, and for the current fiscal year, it is 4.50 on revenues of $2.53 billion [7] Industry Context - The Utility - Gas Distribution industry, to which Spire belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook for stocks in this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]