Spire Q1 net income rises to $1.66/sh; raises FY2023 guidance to $4.15-$4.35

SPIRE INC

2023-Q1 EPS reported $1660000.00 revenue$814,000,000

Net income $91.0M ($1.66 diluted) vs $55.7M ($1.01) last year; NEE $85.1M ($1.55) vs $62.6M ($1.14).
Gas Marketing NEE surged to $25.7M from $0.5M on favorable market conditions.
FY2023 NEE guidance raised $0.10 to $4.15-$4.35 per share; capex outlook remains $700M.
Quarterly dividend $0.72/share declared, payable April 4; marks 20th consecutive annual increase.
Spire STL Pipeline received new permanent FERC certificate in December 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPIRE INC reported fiscal 2023 first quarter ended December 31 results: net income $91.0 million ($1.66 per diluted share). Guidance raised.

Period: fiscal 2023 first quarter ended December 31
Net income: $91.0 million ($1.66 per diluted share)
Guidance: raised
Result: reported results

Exact text from the filing

Spire Reports FY23 First Quarter Results ST. LOUIS (February 1, 2023) - Spire Inc. (NYSE: SR) today reported results for its fiscal 2023 first quarter ended December 31. Highlights include: • Net income of $91.0 million ($1.66 per diluted share) compared to net income of $55.7 million, or $1.01 per share in the prior year

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Source: SEC EDGAR

accession 0001437749-23-002204

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