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Spire's Fiscal Q3 Non-GAAP Loss Narrows, Operating Revenue Falls; Fiscal 2024 Adjusted EPS Guidance Lowered
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Spire's Fiscal Q3 Non-GAAP Loss Narrows, Operating Revenue Falls; Fiscal 2024 Adjusted EPS Guidance Lowered
Jul 31, 2024 6:58 AM

09:35 AM EDT, 07/31/2024 (MT Newswires) -- Spire (SR) reported a fiscal Q3 non-GAAP loss Wednesday of $0.14 per diluted share, narrowing from a loss of $0.42 a year earlier.

Analysts polled by Capital IQ expected a normalized loss of $0.17.

Operating revenue for the quarter ended June 30 was $414.1 million, compared with $418.5 million a year earlier.

Three analysts polled by Capital IQ expected $395.8 million.

The company lowered its fiscal 2024 non-GAAP EPS forecast to a range of $4.15 to $4.25 from $4.25 to $4.45 anticipated previously. Analysts polled by Capital IQ expect $4.32.

Spire's shares were down nearly 3.5% in recent Wednesday trading.

Price: 65.25, Change: -2.33, Percent Change: -3.45

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