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Spire: Fiscal 2Q Earnings Snapshot

ST LOUIS (AP) _ Spire Inc. (SR) on Wednesday reported fiscal second-quarter profit of $98.2 million.

On a per-share basis, the St. Louis-based company said it had net income of $2.03. Earnings, adjusted for non-recurring costs, were $2.83 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.

The natural gas distributor posted revenue of $813.4 million in the period.

Spire expects full-year earnings in the range of $3.65 to $3.75 per share.

Spire shares have dropped 3.5 percent since the beginning of the year. The stock has risen slightly more than 6 percent in the last 12 months.


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