NiSource (NI) Misses Q1 EPS by 5c

NiSource (NYSE: NI) reported Q1 EPS of $0.76, $0.05 worse than the analyst estimate of $0.81.

"Our continuous focus during this pandemic is the safety of our employees and customers while supporting the communities we serve," said NiSource President and CEO Joe Hamrock. "As our states restricted all business activities in many other industries they designated all NiSource utilities as providing essential services. This designation is important to the service we provide to our nearly four million utility customers, and it's also critical to the support we provide to other essential service providers, to whom we are deeply grateful. While continuing to maintain safe, reliable service through the pandemic is at the forefront today, much of the first quarter of 2020 played out prior to COVID reaching crisis proportions in the United States. Since then we have taken additional steps which position NiSource to manage through this crisis."

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

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