earnings
confidence high
sentiment neutral
materiality 0.70
Spire reports Q3 net loss $42.6M; reaffirms FY2026 adjusted EPS guidance $3.90-$4.10
SPIRE INC
- Net loss from continuing ops $42.6M ($0.72/share) vs loss $13.3M ($0.29) a year ago; adjusted loss $15.7M ($0.26) vs $13.3M ($0.29).
- Gas Utility adjusted loss improved to $3.2M from $10.0M on new rates and higher usage.
- Completed divestitures of Spire Marketing and Spire Storage; discontinued ops gain $254.6M.
- Reaffirmed FY2026 adjusted EPS guidance $3.90-$4.10 and FY2027 $5.40-$5.60.
- Long-term adjusted EPS growth target 5-7% supported by $11.2B capital plan through 2035.