Compared to Estimates, Spire (SR) Q1 Earnings: A Look at Key Metrics

For the quarter ended December 2024, Spire (SR) reported revenue of $669.1 million, down 11.6% over the same period last year. EPS came in at $1.34, compared to $1.47 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $725.71 million, representing a surprise of -7.80%. The company delivered an EPS surprise of -5.63%, with the consensus EPS estimate being $1.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Spire performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating Revenues- Gas Utility: $613.50 million compared to the $650.89 million average estimate based on four analysts. The reported number represents a change of -14.2% year over year. Operating Revenues- Gas Marketing: $33 million compared to the $26.14 million average estimate based on four analysts. The reported number represents a change of -9.1% year over year. Operating Revenues- Midstream: $33.50 million versus $24.27 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +124.8% change. Operating Revenues- Other: $4.70 million versus $3.77 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change. Operating Revenues- Eliminations: -$15.60 million versus -$17.98 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.2% change. Operating Income- Gas Marketing: $2.70 million compared to the $12.05 million average estimate based on four analysts. Operating Income- Midstream: $17.30 million versus $12.46 million estimated by three analysts on average. Operating Income- Gas Utility: $127.80 million versus the three-analyst average estimate of $128.32 million. Operating Income- Other: $1 million compared to the -$4.76 million average estimate based on two analysts. View all Key Company Metrics for Spire here>>>Shares of Spire have returned +6.8% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Spire Inc. (SR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks