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Market Overview

Spire Earnings Preview

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On Friday, May 07, Spire (NYSE:SR) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Spire reporting earnings of $3.08 per share on revenue of $773.16 million. In the same quarter last year, Spire reported earnings per share of $2.75 on revenue of $715.50 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release.
When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate, earnings would be up 12.0%. Sales would be up 8.06% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 1.31 -0.41 0.09 2.95
EPS Actual 1.42 -0.37 0.07 2.75
Revenue Estimate 580.66 M 298.07 M 313.51 M 783.02 M
Revenue Actual 512.60 M 251.90 M 321.10 M 715.50 M

eps graph

Stock Performance

Over the last 52-week period, shares are up 2.99%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Spire is scheduled to hold the call at 09:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings