Spire stock falls 1.92 percent after earnings miss estimates
Published on 09/23/2026 at 20:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Spire stock was trading at USD 76.99 on the NYSE on September 23, 2026 at 2:51 p.m. ET, down 1.92 percent from the prior close. The latest reported Q3 fiscal 2026 figures show higher revenue but a wider adjusted loss, as Zacks reported on September 9, 2026.
Revenue beats the consensus
Spire generated USD 420.2 million in Q3 fiscal 2026 revenue, up 19.2 percent from USD 352.5 million a year earlier. The figure also exceeded the USD 398 million consensus estimate, giving the quarter a clear top-line advantage.
The adjusted loss reached USD 0.26 per share, compared with a USD 0.24 consensus loss and a USD 0.29 adjusted loss in the year-ago quarter. The result therefore missed the estimate by USD 0.02 per share even as revenue expanded.
Costs shape the earnings picture
Operating income increased 5.9 percent year over year to USD 23.4 million from USD 22.1 million. Net interest expense rose 78.7 percent to USD 85.6 million from USD 47.9 million, which put pressure on the bottom line.
Spire maintained fiscal 2026 adjusted earnings guidance of USD 3.90 to USD 4.10 per share. The combination of higher operating income and sharply higher interest expense makes financing costs a key variable for the full-year result.
Dividend adds an income counterweight
MarketBeat reported on September 23, 2026 that Spire declared a quarterly dividend of USD 0.825 per share, equivalent to USD 3.30 annually and a 4.2 percent yield. The payment is scheduled for October 2, 2026, for shareholders of record on September 11, 2026.
Morgan Stanley target moves to USD 88
On September 18, 2026, Morgan Stanley maintained its Overweight rating but lowered its price target from USD 91.00 to USD 88.00, according to GuruFocus. The revised target remains USD 11.01 above the intraday price of USD 76.99.
Stock trades near yearly low
Spire stock was trading 1.50 percent above its 52-week low of USD 75.85 and 19.24 percent below its 52-week high of USD 95.31 on September 23, 2026. The reference price remains an intraday NYSE quotation.
Spire stock snapshot
- Company: Spire Inc.
- Ticker: SR
- Trading venue: NYSE
- Price as of September 23, 2026, 2:51 p.m. ET: USD 76.99
- Market capitalization: USD 4,551,402,432 as of September 23, 2026
- 52-week range: USD 75.85-95.31 as of September 23, 2026
- Sector / Industry: Utilities / Regulated Gas
