NiSource (NI) Tops Q2 EPS by 5c, provides guidance

NiSource (NYSE: NI) reported Q2 EPS of $0.21, $0.05 better than the analyst estimate of $0.16. Revenue for the quarter came in at $0 versus the consensus estimate of $889.17 million.

GUIDANCE:

NiSource sees FY2024 EPS of $1.70-$1.74, versus the consensus of $1.72, as well as annual 6-8% adjusted EPS growth and annual 8-10% rate base growth* for the 2023-2028 period. The 2024-2028 base capital expenditure plan is $16.4 billion.

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

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