Spire Q3 net loss widens; reaffirms 2026 outlook

Spire reaffirmed fiscal 2026 adjusted EPS guidance of $3.90–$4.10 from continuing operations.

The company also maintained fiscal 2027 adjusted EPS guidance of $5.40–$5.60 from ongoing businesses.

Spire targets $797 million in capital expenditures for continuing operations in fiscal 2026.

Spire said its fiscal third-quarter net loss widened from the prior year after divestitures. The company reported a Q3 net loss of $42.60 million.

Adjusted loss from continuing operations increased year over year.

New Missouri rates, infrastructure surcharge revenues, and Alabama rate mechanisms drove improved utility earnings, the company said.

Higher Spire Alabama usage, net of weather mitigation, and favorable Cost Control Mechanism performance also benefited utility results.

Higher operation and maintenance, depreciation, and interest expenses offset gains in utility earnings.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 and no or .