Spire cuts FY2026 EPS guidance to $3.90-$4.10 even as Q2 adjusted earnings rise
Spire reported fiscal second-quarter 2026 adjusted earnings from continuing operations of $223.7 million ($3.76 per share), up from $189.3 million ($3.17 per share) a year earlier, on operating revenues of $1,020.0 million, up from $976.4 million. The company lowered its fiscal 2026 adjusted earnings guidance from continuing operations to $3.90-$4.10 per share, citing lower Missouri weather-related usage, which matters to shareholders because it reduces the earnings outlook for the current year even though the quarter improved.
Key points
- Q2 adjusted EPS $3.76 vs. $3.17 a year ago; GAAP diluted EPS from continuing operations $3.51 vs. $3.17
- Operating revenues $1,020.0 million vs. $976.4 million; Gas Utility adjusted earnings $234.8 million vs. $195.2 million
- Fiscal 2026 adjusted EPS guidance from continuing operations updated to $3.90-$4.10, reflecting lower weather-related usage
- Fiscal 2027 adjusted EPS guidance of $5.40-$5.60 reaffirmed; Piedmont Tennessee acquisition completed March 31, 2026
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.