ST LOUIS (AP) _ Spire Inc. (SR) on Monday reported a loss of $9.9 million in its fiscal fourth quarter.
On a per-share basis, the St. Louis-based company said it had a loss of 26 cents. Losses, adjusted for non-recurring gains, were 32 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The natural gas distributor posted revenue of $290.2 million in the period.
For the year, the company reported profit of $271.7 million, or $4.96 per share. Revenue was reported as $2.24 billion.
Spire expects full-year earnings in the range of $3.70 to $4 per share.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SR at https://www.zacks.com/ap/SR
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News