Spire Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 01, 2024 at 12:00 pm
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Spire Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 1,128.5 million compared to USD 1,123.4 million a year ago. Net income was USD 204.3 million compared to USD 179.2 million a year ago. Basic earnings per share from continuing operations was USD 3.59 compared to USD 3.33 a year ago. Diluted earnings per share from continuing operations was USD 3.58 compared to USD 3.33 a year ago.
For the six months, sales was USD 1,885.1 million compared to USD 1,937.4 million a year ago. Net income was USD 289.4 million compared to USD 270.2 million a year ago. Basic earnings per share from continuing operations was USD 5.16 compared to USD 5 a year ago. Diluted earnings per share from continuing operations was USD 5.14 compared to USD 4.99 a year ago.
Spire Inc. is the holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Its Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. (Spire Gulf) and Spire Mississippi Inc. (Spire Mississippi). Spire Missouri is engaged in the purchase, retail distribution and sale of natural gas. Spire Alabama is engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama. Spire Gulf and Spire Mississippi are utilities engaged in the purchase, retail distribution and sale of natural gas in the Mobile, Alabama area and south-central Mississippi. Its Gas Marketing segment includes Spire Marketing Inc. (Spire Marketing), a wholly owned subsidiary providing natural gas marketing services. Its Midstream segment consists of three facilities Spire STL Pipeline, Spire Storage West, and Spire Storage Salt Plains.
SPIRE INC. 
