NiSource (NI) Tops Q3 EPS by 4c, Reaffirms FY16 Guidance

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NiSource Reports Third Quarter 2015 Earnings

November 3, 2015 6:30 AM EST

MERRILLVILLE, Ind., Nov. 3, 2015 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced net operating earnings (non-GAAP) of $18.5 million, or $0.06 per share, for the three months ended Sept. 30, 2015, compared with a loss of $8.7 million, or $0.03 per share, for the same period in 2014. Operating earnings (non-GAAP) for the third quarter were $115.8 million, compared to $84.7 million in the same prior year period.

On a GAAP basis, NiSource reported income from continuing operations of $14.8 million, or $0.05 per share, for the three months ended Sept. 30, 2015, compared with a loss of $17.2 million, or $0.05 per share, for the... More