Spire Inc. (NYSE:SR) is set to announce fourth quarter earning results on Wednesday 18th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SR to report 4Q20 loss of $ 0.41 per share.
For the full year, analysts anticipate top line of $ 1935.44 million, while looking forward to income of $ 3.74 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.70 ~ $ 3.75 per share
Click Here For More Historical Outlooks Of Spire Inc.
Previous Quarter Performance
Spire Inc. unveiled income for the third quarter of $ 0.07 per share, from the revenue of $ 321.10 million. Wall street analysts are predicting, SR to report 3Q20 income of $ 0.09 per share from revenue of $ 313.51 million. The bottom line results missed street analysts by $ 0.02 or 22.22 percent, at the same time, top line results outshined analysts by $ 7.59 million or 2.42 percent.
Stock Performance
Shares of Spire Inc. traded up $ 0.78 or 1.22 percent on Tuesday, reaching $ 64.54 with volume of 300.60 thousand shares. Spire Inc. has traded high as $ 65.33 and has cracked $ 62.50 on the downward trend
According to the previous trading day, closing price of $ 64.54, representing a 26.06 % increase from the 52 week low of $ 50.58 and a 27.51 % decrease over the 52 week high of $ 87.96.
The company has a market capital of $ 3.32 billion and is part of the Utilities sector and Utilities – Regulated Gas industry.
Recent Analyst recommendations
- On 30th September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Conference Call
Spire Inc. will be hosting a conference call at 9:00 AM eastern time on 18th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 844-824-3832 U.S. or 412-317-5142 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.spireenergy.com
Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through two segments, Gas Utility and Gas Marketing. It is also involved in marketing natural gas; and provision of energy services on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers.
