- American City Business Journals•3 months ago
Spire Inc., the company formerly known as The Laclede Group, reported consolidated net income of $100.8 million for the second quarter of the fiscal year, up from $94.4 million in the prior-year quarter, reflecting higher earnings from both its gas utility and gas marketing segments. The company reported total operating revenue of $609.3 million in the second quarter of fiscal 2016, down from $877.4 million reported in the prior-year quarter. Spire's gas utility segment, which includes its Laclede Gas, Missouri Gas Energy and Alagasco utilities, reported net income of $102.4 million, up from $96.2 million in the prior-year quarter.
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