(Corrects headline to show the company had an adjusted loss, not a profit.)
Spire Inc. ( SR ), a utility holding company, reported Tuesday fiscal Q4 net economic loss of $0.32 per share, compared to $0.37 loss per share in the prior year period and was in line with the Street estimate provided by Capital IQ.
Operating revenues for the quarter ended Sept. 30 were $279.3 million, up from $204.2 million reported for the same period last year and higher than the $219.3 million Street estimate.
The company expects net economic earnings of $3.50 to $3.60 per share for 2017, and annual long-term net economic earnings growth target of 4% to 6%. The Street estimate calls for 2017 earnings of $3.55 per share.
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