Spire sees FY27 adjusted EPS $5.65-$5.85

The company said, “Looking ahead to FY27, Spire (SR) expects adjusted EPS to be in a range of $5.65-$5.85, which reflects a full year of earnings contributions from the Piedmont Tennessee business and excludes earnings from Spire’s natural gas storage facilities due to the expected sale of the assets. Both the acquisition and sale are subject to regulatory approvals. The acquisition is expected to close following standard regulatory review, while any sale of the storage assets also requires final authorization by Spire’s board of directors. Spire has raised its 10-year capital investment target to $11.2B, extending through fiscal 2035. This plan supports Spire’s long-term adjusted earnings per share growth of 5%-7% using the FY27 adjusted EPS guidance midpoint of $5.75 as a base.”