Spire Inc. reported a consolidated net loss of $39.8 million, or $(0.74) per share, for the fiscal fourth quarter ended September 30, compared to a net loss of $25.9 million, or $(0.51) per share, in the same period last year. On an adjusted basis, the quarterly loss was $24.1 million, or $(0.47) per share, versus $27.6 million, or $(0.54) per share, a year ago. For fiscal 2025, consolidated adjusted earnings per share were $4.4, up 7.5% from $4.1 in fiscal 2024. Gas utility earnings reflected higher Missouri ISRS revenues, while midstream earnings grew due to additional storage capacity, new contracts at higher rates, and optimization. Spire expects fiscal 2026 adjusted EPS in the range of $5.3 to $5.5 and fiscal 2027 adjusted EPS in the range of $5.7 to $5.9, including contributions from the pending acquisition of Piedmont Natural Gas Tennessee and excluding earnings from expected sales of natural gas storage facilities. The company increased its 10-year capital investment target to $11.2 billion through fiscal 2035.