The earnings call showcased significant improvements in earnings and strategic expansions, particularly with the acquisition of the Piedmont Natural Gas business and a positive resolution in the Missouri rate case. However, challenges remain with higher operating expenses and weather impact on revenues. Overall, the company's growth strategy and regulatory successes contribute to a positive outlook.

Company Guidance -

Q4 2025

During the Spire Q3 FY '25 earnings call, key metrics and guidance were discussed, highlighting the company's financial and operational outlook. The call revealed an adjusted earnings per share of $0.01, a significant improvement from a $0.14 loss per share a year ago, driven by infrastructure investments and disciplined cost management. Spire reaffirmed its long-term EPS growth target of 5% to 7% and its fiscal 2025 earnings guidance of $4.40 to $4.60 per share, supported by a 10-year capital investment plan amounting to $7.4 billion. Furthermore, a pending Missouri rate case agreement could lead to an annual revenue increase of $210 million, enhancing financial performance. The recent acquisition of the Piedmont Natural Gas business in Tennessee is expected to add $900 million to Spire’s five-year capital plan, with the transaction anticipated to close in early 2026. The company continues to focus on maintaining a strong balance sheet and achieving regulatory outcomes beneficial to its long-term growth.

Significant Earnings Improvement

Announced adjusted earnings of $0.01 per share compared to a loss of $0.14 per share a year ago, reflecting growth across all business segments.

Missouri Rate Case Success

Unanimous stipulation and agreement filed for an annual revenue increase of $210 million in Missouri, resolving all aspects of the case and pending approval.

Acquisition of Piedmont Natural Gas Business

Strategic acquisition of Piedmont Natural Gas Tennessee business to increase scale and expand regulated utility footprint, adding $900 million to the 5-year capital plan.

Strong Midstream Performance

Continued strong earnings growth in Midstream segment, driven by additional capacity and asset optimization at Spire Storage.

Capital Investment and Growth Strategy

Increased capital investment target for fiscal 2025 to $875 million, with a focus on system modernization, customer growth, and infrastructure resilience.

Spire (SR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 19, 2025	2025 (Q4)	-0.39 / -	-0.54	―	―	―
Aug 05, 2025	2025 (Q3)	-0.09 / 0.01	-0.14	107.14% (+0.15)
Apr 30, 2025	2025 (Q2)	3.67 / 3.60	3.45	4.35% (+0.15)
Feb 05, 2025	2025 (Q1)	1.42 / 1.34	1.47	-8.84% (-0.13)
Nov 20, 2024	2024 (Q4)	-0.53 / -0.54	-0.78	30.77% (+0.24)
Jul 31, 2024	2024 (Q3)	-0.18 / -0.14	-0.42	66.67% (+0.28)
May 01, 2024	2024 (Q2)	3.78 / 3.45	3.7	-6.76% (-0.25)
Feb 01, 2024	2024 (Q1)	1.38 / 1.47	1.55	-5.16% (-0.08)
Nov 16, 2023	2023 (Q4)	-0.64 / -0.78	-0.66	-18.18% (-0.12)
Aug 02, 2023	2023 (Q3)	-0.03 / -0.42	0.01	-4300.00% (-0.43)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$75.91	$75.18	-0.96%
Apr 30, 2025	$76.25	$75.73	-0.68%
Feb 05, 2025	$69.58	$69.74	+0.23%
Nov 20, 2024	$65.78	$66.22	+0.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Spire Inc (SR) report earnings?

Spire Inc (SR) is schdueled to report earning on Nov 19, 2025, Before Open (Confirmed).

What is Spire Inc (SR) earnings time?

Spire Inc (SR) earnings time is at Nov 19, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SR EPS forecast?

SR EPS forecast for the fiscal quarter 2025 (Q4) is -0.39.

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