Spire Inc Recasts Fiscal 2025 Earnings

By Tamara Parker • Thursday, July 09 10:47 • Permanent Link

Spire’s fiscal 2025 continuing operations earnings recast shows a year shaped by asset sales and a shift in where certain results are reported.

The company said continuing operations now exclude Spire Marketing and Spire Storage, while Spire Mississippi remains included. Spire Mogas and the Spire STL Pipeline, which had been reported in the midstream segment, are now grouped in “other.”

For the fourth quarter and year to date, adjusted earnings also excluded $15.2 million of acquisition-related expenses, or $11.6 million net of tax.

The release did not provide the underlying earnings figures in the text provided, but it did make clear that the fiscal 2025 comparison base has been recast to reflect the changed portfolio and reporting structure. The market has reacted to these announcements by moving the company's shares 0.56% to a price of $80.30. For the full picture, make sure to review SPIRE INC's 8-K report.

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