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Spire Reports Second Quarter Results


Spire Reports Second Quarter Results
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ST. LOUIS, May 7, 2021 /PRNewswire/  Spire Inc. (NYSE: SR) today reported results for its fiscal second quarter ended March 31, 2021. Highlights include:
Second quarter fiscal 2021 net income of $187.4 million ($3.55 per diluted share), compared to $133.6 million ($2.54 per share) in the prior year
Net economic earnings (NEE) of $195.6 million ($3.71 per share), up from $144.0 million ($2.75 per share) a year ago, reflecting strong Spire Marketing performance
Results for Spire Marketing include value created during the February cold weather event, and our fiscal 2021 NEE guidance range has been increased to $4.30 - $4.50 per share ....

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PSC SETS HEARING SCHEDULE IN SPIRE MISSOURI, INC. RATE CASE


According to a release from the Commission, formal evidentiary hearings are scheduled for
July 26-August 6, 2021.  Participants shall appear at the evidentiary hearing telephonically via WebEx conference call.  As the impact of COVID-19 in July 2021 is unknown at the time this order is issued, an in-person hearing may be arranged closer to the hearing upon request of the parties or by the Commission on its own motion.
On December 11, 2020, Spire filed a natural gas rate case with the Missouri Public Service Commission seeking a net increase in its base distribution rates of approximately $65 million.  Spire is also requesting rebasing of approximately $47 million of Infrastructure System Replacement Surcharge (ISRS) which is already being recovered in rates.  According to Spire, the effect of the proposed rates on the Company’s residential customers would be to raise the bill of a typical heating customer by an average of approximately $3.28 per month. ....

United States , Spire Missouri Inc , Missouri Public Service Commission , Spire Missouri , Infrastructure System Replacement Surcharge , மிச Ou ரி , ஒன்றுபட்டது மாநிலங்களில் , ஸ்பைர் மிச Ou ரி இன்க் , மிச Ou ரி பொது சேவை தரகு , ஸ்பைர் மிச Ou ரி , உள்கட்டமைப்பு அமைப்பு மாற்று கூடுதல் கட்டணம் ,