Business UpdateJul 8, 2026, 04:38 PM
Spire Recasts FY25 Financials; Discontinued Ops & Segment Changes
AI Summary
Spire Inc. has recast its fiscal year 2025 quarterly financial information to present Spire Marketing and Spire Storage as discontinued operations, following recent dispositions. The company also revised its reportable segments, moving Spire MoGas and Spire STL Pipeline from the Midstream segment to "Other." This reclassification is purely presentational, with consolidated net income, total assets, stockholders' equity, and cash flows remaining unchanged from previously reported figures.
Key Highlights
- Spire Marketing and Spire Storage reclassified as discontinued operations.
- Fiscal year 2025 quarterly financial information has been recast.
- Spire MoGas and Spire STL Pipeline moved from Midstream to "Other" segment.
- Consolidated net income, total assets, equity, and cash flows remain unchanged.
- Recast financials are unaudited and available in Exhibit 99.1.
- Adjusted earnings for Q4 and YTD exclude $15.2M in acquisition expenses.
Price Impact
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