NiSource (NI) Tops Q1 EPS by 1c

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NiSource Reports First Quarter 2016 Earnings

May 3, 2016 6:30 AM EDT

MERRILLVILLE, Ind., May 3, 2016 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced net operating earnings from continuing operations (non-GAAP) of $190.8 million, or $0.60 per share, for the three months ended March 31, 2016, compared to $179.3 million, or $0.57 per share, for the same period in 2015. Operating earnings (non-GAAP) for the three months ended March 31, 2016 were $399.3 million, compared to $364.7 million, for the same period in 2015.

On a GAAP basis, NiSource reported income from continuing operations for the three months ended March 31, 2016 of $179.7 million, or $0.56 per share, compared with $192.5 million, or $0.61 per share, for the same period... More