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Barry Klein

Senior Equity Analyst at Macquarie Group

Barry Klein is a Senior Equity Analyst at Macquarie Asset Management, specializing in equity research and portfolio management with a focus on asset management and real assets sectors. He currently holds portfolio management responsibilities while maintaining coverage on select companies within the firm’s investment universe and has contributed to improved financial outcomes and risk management. Klein has a track record of advocating for social impact through board involvement and has brought his asset management expertise to nonprofit budget oversight. He joined Macquarie Asset Management prior to 2023; previous career history and professional registration details are limited based on available public data.

Barry Klein's questions to SPIRE (SR) leadership

Barry Klein's questions to SPIRE (SR) leadership • Q3 2025

Question

Barry Klein from Macquarie Group asked for clarification on whether the long-term 5% to 7% EPS growth target includes the positive impacts from the recent Missouri rate case settlement.

Answer

EVP & CFO Adam Witter clarified that the 5% to 7% growth target is primarily driven by long-term rate base growth from capital investments. He stated that the earnings catch-up from improved cost recovery in Missouri would be in addition to, not included in, that core growth rate.

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