secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001437749-24-002751
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Q1 FY2024 net income $85.1M ($1.52 EPS); affirms NEE guidance $4.25-$4.45
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- Net income $85.1M ($1.52 EPS) vs $91.0M ($1.66 EPS) a year ago; NEE $82.7M ($1.47 EPS) vs $85.1M ($1.55 EPS).
- Gas Utility NEE rose to $75.8M from $62.9M on higher rates; Gas Marketing NEE fell to $7.2M from $25.7M due to normalizing markets.
- Affirmed FY2024 NEE guidance $4.25-$4.45/share; long-term NEE growth 5-7%, utility rate base growth 7-8%.
- In January 2024, acquired MoGas and Omega pipeline businesses; added Scott Doyle as COO.
- 10-year $7.2B capex target; FY2024 capex $765M includes $100M for Spire Storage West expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000143774924002751/0001437749-24-002751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000143774924002751/spre20231213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002751

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer