NiSource (NI) Misses Q3 EPS by 1c; Maintains FY View

NiSource (NYSE: NI) reported Q3 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07.

GUIDANCE:

NiSource sees FY2016 EPS of $1.05-$1.10, versus the consensus of $1.07.

NiSource sees FY2016 EPS of $1.12-$1.18, versus the consensus of $1.15.

"The NiSource team continues to execute on our customer-focused utility investment programs and regulatory initiatives supporting those programs," said NiSource President and CEO Joseph Hamrock. "These programs benefit our customers with a safer, more reliable system that provides enhanced service and meets their energy needs. With our solid execution in 2016, and with the confidence in our ability to continue to execute on our investment programs, we're issuing 2017 non-GAAP net operating earnings guidance of between $1.12 and $1.18 per share."

For earnings history and earnings-related data on NiSource (NI) click here.

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