NiSource (NI) Misses Q3 EPS by 1c; Maintains FY View

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NiSource Reports Third Quarter 2016 Earnings

November 1, 2016 6:30 AM EDT

MERRILLVILLE, Ind., Nov. 1, 2016 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, income from continuing operations for the three months ended September 30, 2016 of $23.7 million, or $0.07 per share, compared to $14.8 million, or $0.05 per share, for the same period in 2015. Operating income was $113.7 million for the three months ended September 30, 2016, compared with $109.7 million for the same period in 2015.

NiSource also reported net operating earnings from continuing operations (non-GAAP) of $19.3 million, or $0.06 per share, for the three months ended September 30, 2016, compared to $18.5 million, or $0.06 per share, for the same period in 2015. Operating... More