earnings
confidence high
sentiment positive
materiality 0.90
Spire Q3 net income $0.29/share vs loss $0.28; reaffirms FY25 guidance; acquires Piedmont Natural Gas TN for $2.48B
SPIRE INC
2025-Q3 EPS reported
$5.13
revenue$2,142,300,000
- Q3 net income $20.9M ($0.29 diluted EPS) vs loss of $12.6M ($0.28 loss) a year ago; adjusted EPS $0.01 vs loss of $0.14.
- Reaffirmed FY2025 adjusted EPS guidance of $4.40–$4.60; FY2025 capex raised to $875M from $840M.
- Agreed to acquire Piedmont Natural Gas Tennessee business from Duke Energy for $2.48B; expected close in Q1 calendar 2026.
- Gas Utility adjusted loss improved to $10.0M from $11.0M; Gas Marketing adjusted earnings $5.3M (vs $1.0M); Midstream $16.2M (vs $13.9M).
- Filed unanimous stipulation in Spire Missouri rate case, subject to MO PSC approval.