Today's Trend
Spire Inc. (NYSE: SR) shares have increased modestly as investors weigh mixed earnings-estimate revisions from Zacks Research. The revisions are mostly negative for several 2027–2028 reporting periods, although some estimates for 2026, 2027, and 2028 were raised.
- Zacks raised its Q4 2026 EPS forecast to a loss of $1.00 from a loss of $1.06, while increasing its Q1 2027 estimate to $1.84 from $1.65.
- The research firm lifted its Q2 2028 EPS estimate to $4.27 from $3.89 and its FY2028 forecast to $6.07 from $6.05, suggesting somewhat stronger longer-term earnings potential.
- Zacks maintained its $4.01 consensus estimate for Spire’s current fiscal year. The company’s latest quarterly results also exceeded expectations, with revenue up 19.2% year over year and EPS beating the consensus loss estimate.
- Zacks reduced its Q3 2027 EPS forecast to $0.10 from $0.13 and its Q4 2027 forecast to a loss of $0.53 from a loss of $0.43.
- The firm lowered its FY2027 EPS forecast to $5.47 from $5.52, and cut its Q1 2028 estimate to $2.06 from $2.15. The largest reduction was to Q3 2028, which fell to $0.19 from $0.36.
Overall, the estimate changes point to weaker expectations across multiple upcoming quarters, which could limit upside for SR. However, the current-year outlook remains intact, while improved forecasts for certain periods and Spire’s recent earnings beat may be helping support the stock.