Spire Inc. SR reported third-quarter fiscal 2022 net economic earnings of 1 cent per share, on par with the Zacks Consensus Estimate. Earnings per share (EPS) were 83.3% lower than the year-ago figure of 6 cents.RevenuesTotal revenues came in at $448 million, which surpassed the Zacks Consensus Estimate of $325 million by 37.8%. The top line also improved by 36.7% from $327.8 million in the year-ago quarter.Spire Inc. Price, Consensus and EPS Surprise Spire Inc. price-consensus-eps-surprise-chart | Spire Inc. QuoteHighlights of the ReleaseIn the third quarter of fiscal 2022, operating expenses of $410.1 million increased by 39.2% from the prior-year period’s $294.6 million due to an increase in natural gas purchased expenses.The operating income was $37.9 million, up 14.2% from $33.2 million in the prior-year quarter.Net interest expenses increased 8.9% year over year to $29.3 million for the reported quarter.Financial HighlightsCash and cash equivalents as of Jun 30, 2022 were $16 million compared with $8.1 million on Dec 31, 2021.The long-term debt (less current portion) as of Jun 30, 2022 was $3,207.9 million compared with $3,206.8 million on Dec 31, 2021.Spire’s net cash provided by operating activities for the first nine months of 2022 was $204.6 million compared with the $220.7 million recorded in the year-ago period.GuidanceSpire reaffirmed its guidance for fiscal 2022 to the $3.75-$3.95 per share range. In the long term, SR expects the net economic EPS to grow 5-7%.Spire reiterated its expectation of the five-year investment plan through fiscal 2026 to be $3.1 billion, and the planned investment is expected to drive the annual rate base growth of 7-8%. The capital expenditure for fiscal 2022 is now expected at $540 million.Zacks RankSpire currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Upcoming ReleasesDominion Energy D is scheduled to announce second-quarter 2022 results on Aug 8 before market open. The Zacks Consensus Estimate for earnings is pegged at 77 cents per share. Dominion Energy’s long-term earnings growth is projected at 6.4%.Hawaiian Electric Industries HE is scheduled to announce second-quarter 2022 results on Aug 8 after market close. The Zacks Consensus Estimate for earnings is pegged at 52 cents per share. Hawaiian Electric Industries’ long-term earnings growth is projected at 3.2%. Southwest Gas Holdings SWX is set to release second-quarter 2022 results on Aug 9 after market close. The Zacks Consensus Estimate for earnings per share is pegged at 53 cents. Southwest Gas’ long-term earnings growth is projected at 5%. Free: Top Stocks for the $30 Trillion Metaverse Boom The metaverse is a quantum leap for the internet as we currently know it - and it will make some investors rich. Just like the internet, the metaverse is expected to transform how we live, work and play. Zacks has put together a new special report to help readers like you target big profits. The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks reveals specific stocks set to skyrocket as this emerging technology develops and expands.Download Zacks’ Metaverse Report now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hawaiian Electric Industries, Inc. (HE): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Southwest Gas Corporation (SWX): Free Stock Analysis Report Spire Inc. (SR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research