Spire Inc. Reports 48% Advance In Q3 Earnings

(RTTNews) - Spire Inc. (SR) reported earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $21.6 million, or $0.44 per share. This was higher than $14.6 million, or $0.33 per share, in last year's third quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 29.8% to $323.5 million. This was up from $249.3 million last year.

Spire Inc. earnings at a glance:

-Earnings (Q3): $21.6 Mln. vs. $14.6 Mln. last year. -Earnings Growth (Y-o-Y): 47.9% -EPS (Q3): $0.44 vs. $0.33 last year. -EPS Growth (Y-o-Y): 33.3% -Analysts Estimate: $0.39 -Revenue (Q3): $323.5 Mln vs. $249.3 Mln last year. -Revenue Change (Y-o-Y): 29.8%

-Guidance: Full year EPS guidance: $3.50 - $3.60