Spire reaffirms 5% to 7% long-term adjusted EPS growth target backed by $11.2B 10-year capital plan

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Spire Inc. reaffirmed its long-term adjusted earnings per share growth target of 5% to 7%, supported by a $11.2 billion 10-year capital plan. The company also reaffirmed its fiscal 2026 adjusted EPS guidance from continuing operations of $3.90 to $4.10 per share and fiscal 2027 adjusted EPS guidance of $5.40 to $5.60 per share. In the first nine months of the year, Spire invested nearly $600 million in capital expenditures and continues to expect full year 2026 capital expenditures of approximately $800 million across its utilities. The company completed the divestitures of Spire Marketing and Spire Storage, transforming into a fully regulated utility. Management noted that the Missouri rate case settlement does not include recovery of past margin impacts, and a future test year rate case filing is expected in early November 2026.

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Utilities▲ · 1 stocks
Spire Inc
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Reaffirms long-term EPS growth target and fiscal 2026/2027 guidance, backed by $11.2B capital plan.