Quarterly ResultAug 5, 2026, 07:12 AM
Spire Q3 Adjusted Loss $(0.26); Reaffirms FY26-27 EPS Guidance
AI Summary
Spire Inc. reported a net loss from continuing operations of $(42.6) million, or $(0.72) per diluted share, for the third quarter of fiscal 2026. The adjusted loss from continuing operations was $(15.7) million, or $(0.26) per share. The company reaffirmed its fiscal 2026 and 2027 adjusted earnings guidance, as well as its long-term adjusted earnings growth target. Spire also announced the completion of divestitures for its Spire Marketing and Spire Storage businesses, focusing on its fully regulated gas utility operations.
Key Highlights
- Reported Q3 FY26 net loss from continuing operations of $(42.6) million, or $(0.72) per diluted share.
- Adjusted loss from continuing operations for Q3 FY26 was $(15.7) million, or $(0.26) per share.
- Reaffirmed fiscal 2026 adjusted earnings guidance from continuing operations of $3.90–$4.10 per share.
- Reaffirmed fiscal 2027 adjusted earnings guidance range of $5.40–$5.60 per share.
- Reaffirmed long-term adjusted earnings growth target of 5-7%.
- Completed divestitures of Spire Marketing and Spire Storage businesses.
- Gas Utility segment reported an adjusted loss of $(3.2) million, an improvement from $(10.0) million a year ago.
- Net income from discontinued operations was $253.8 million for Q3 FY26, including a $254.6 million after-tax gain on sale.
Price Impact
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