Spire cuts FY26 guidance to $3.90–$4.10 on weather headwinds, completes Tennessee acquisition

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Spire lowered fiscal 2026 adjusted earnings guidance to $3.90–$4.10 per share from prior range, citing lower-than-expected weather-related usage in Missouri that weather protection mechanisms did not fully offset.

  Exhibit 99.1 verify on EDGAR →
• high

  Completed acquisition of Piedmont Natural Gas Tennessee business on March 31, 2026, expanding regulated utility footprint; announced divestitures of Spire Marketing (completed), Spire Storage, and Spire Mississippi to focus on core regulated operations.

  Exhibit 99.1 verify on EDGAR →
• high

  Q2 FY26 net income rose to $217.6 million ($3.51 per share) from $189.3 million ($3.17 per share) year-ago; adjusted earnings from continuing operations were $223.7 million ($3.76 per share) versus $189.3 million ($3.17 per share).

  Exhibit 99.1 verify on EDGAR →