Spire reports fy23 third quarter results

St. louis , aug. 2, 2023 /prnewswire/ -- spire inc. (nyse: sr) today reported results for its fiscal 2023 third quarter ended june 30, including: net loss of $21.6 million, or ($0.48) per diluted share, compared to a net loss of $1.4 million, or ($0.10) per share, in the prior year on a net economic earnings* basis, a loss of $18.6 million, or ($0.42) per share, down from earnings of $4.1 million, or $0.01 per share, a year ago fiscal 2023 net economic earnings guidance range lowered to $4.15–$4.25 per share "our results for the quarter reflect the impact of higher costs, timing of regulatory adjustments and mild weather. in addition, we experienced less favorable market conditions that impacted our marketing and midstream businesses," said suzanne sitherwood, president and chief executive officer of spire.
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