Spire reports Q3 adjusted EPS 1c, consensus (8c)

Reports Q3 revenue $421.9M, consensus $419.29M. “We delivered strong Q3 earnings, reflecting the consistent execution of our long-term strategy centered on investment in infrastructure and operational excellence,” said CEO Scott Doyle. “As a result, we continue to expect to deliver 2025 adjusted EPS in a range of $4.40 to $4.60. Looking ahead, we remain confident in our ability to drive sustainable growth and create long-term value for both our customers and shareholders. The acquisition of the Piedmont Natural Gas Tennessee business represents a compelling strategic fit for Spire (SR)-expanding our regulated utility footprint in a high-quality jurisdiction while delivering financial benefits. This transaction supports our long-term adjusted EPS growth of 5-7% and reinforces our commitment to delivering value to our customers, communities, and shareholders. “The unanimous stipulation and agreement filed in the Spire Missouri rate case represents a constructive step forward for our customers and stakeholders. While it remains subject to approval by the Missouri Public Service Commission, we believe this outcome reflects a shared commitment to safely delivering reliable and affordable energy. We appreciate the collaborative engagement of all parties and look forward to the Commission’s review.”