Spire Inc (NYSE:SR) Q4 2025 Earnings Fall Short of Estimates

Spire Inc (NYSE:SR) has released its financial results for the fourth quarter and full fiscal year 2025, concluding on September 30. The report reveals a quarterly performance that fell short of analyst expectations on key financial metrics, which appears to be influencing early market sentiment as indicated by pre-market trading activity.

Earnings and Revenue Performance

The company's results for the final quarter of fiscal 2025 did not meet the forecasts set by Wall Street analysts. The primary points of comparison between Spire's reported figures and analyst estimates are detailed below.

• Revenue: The company reported revenue of $334.1 million for the quarter, which was significantly lower than the analyst consensus estimate of $434.8 million.
• Earnings Per Share (EPS): Spire reported a non-GAAP loss per share of $0.47. This was also a miss compared to the estimated loss of $0.44 per share.

This dual miss on both the top and bottom lines highlights a quarter where operational and market conditions may have presented greater challenges than anticipated.

Market Reaction

The immediate financial market response to the earnings release has been negative. In pre-market trading, shares of Spire Inc are trading down approximately 1.3%. This initial price action suggests that investors are digesting the earnings and revenue shortfall and adjusting their positions accordingly. This negative movement stands in contrast to the stock's performance over recent weeks, which had been modestly positive.

Fiscal 2025 Summary and Outlook

While the quarterly results were a disappointment, the company's full-year fiscal 2025 report provided a broader perspective. Spire announced a net income of $271.7 million for the entire year, a key headline figure that summarizes its annual profitability. Looking ahead, analyst estimates for the coming fiscal year provide a benchmark for future performance. For the full fiscal year 2026, analysts are currently projecting sales of approximately $2.81 billion. For the upcoming first quarter of fiscal 2026, the sales estimate stands at around $790.2 million. These figures will serve as a critical gauge for Spire's performance in the new fiscal year.

Conclusion

Spire Inc's fourth-quarter earnings report presented a mixed picture. The company capped off its fiscal year with a stated net profit, yet the most recent quarter's performance failed to meet market expectations, leading to a negative reaction in early trading. Investors will likely focus on how the company's management plans to address the factors that led to the quarterly miss and how it will navigate toward achieving the sales levels projected by analysts for fiscal 2026.

For a more detailed breakdown of historical earnings and future analyst estimates, you can review the data here.

Disclaimer: This article is for informational purposes only and is not intended as investment advice. The analysis is based on publicly available data and should not be construed as a recommendation to buy or sell any security. All investment decisions involve risk and should be made based on your own research and financial circumstances.