NiSource (NI) Misses Q4 EPS by 2c; offers guidance

NiSource (NYSE: NI) reported Q4 EPS of $0.53, $0.02 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $0 versus the consensus estimate of $1.7 billion.

GUIDANCE:

NiSource sees FY2024 EPS of $1.70-$1.74, versus the consensus of $1.70.

The 5-year $16 billion base capital expenditure plan drives 2023-2028 annual rate base growth* of 8-10% and annual non-GAAP NOEPS growth of 6-8%.

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

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