Spire (NYSE:SR) reported its Q2 earnings results on Friday, May 6, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Spire beat estimated earnings by 10.32%, reporting an EPS of $3.42 versus an estimate of $3.1.

Revenue was down $224.91 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 0.79% increase in the share price the next day.

Here's a look at Spire's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Spire management provided guidance for FY 2022, expecting earnings between $3.75 and $3.95 per share.

To track all earnings releases for Spire visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.