Spire Inc. Q1 Income Rises

(RTTNews) - Spire Inc. (SR) released a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line totaled $57.9 million, or $1.19 per share. This was higher than $47.5 million, or $1.04 per share, in last year's first quarter.

Analysts had expected the company to earn $1.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.5% to $561.8 million. This was up from $495.1 million last year.

Spire Inc. earnings at a glance:

-Earnings (Q1): $57.9 Mln. vs. $47.5 Mln. last year. -Earnings Growth (Y-o-Y): 21.9% -EPS (Q1): $1.19 vs. $1.04 last year. -EPS Growth (Y-o-Y): 14.4% -Analysts Estimate: $1.06 -Revenue (Q1): $561.8 Mln vs. $495.1 Mln last year. -Revenue Change (Y-o-Y): 13.5%