NiSource (NI) Misses Q4 EPS by 1c

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NiSource Reports 2016 Earnings

February 22, 2017 6:30 AM EST

MERRILLVILLE, Ind., Feb. 22, 2017 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, income from continuing operations for the twelve months ended December 31, 2016 of $328.1 million, or $1.02 per share, compared to $198.6 million, or $0.63 per share, in 2015. Operating income was $858.2 million for the twelve months ended December 31, 2016, compared with $799.9 million in 2015.

NiSource also reported net operating earnings (non-GAAP) of $351.2 million, or $1.09 per share, for the twelve months ended December 31, 2016, compared to $298.8 million, or $0.94 per share, in 2015. Operating earnings (non-GAAP) for the twelve months ended December 31, 2016 were $894.2 million, compared to $832.1 million in 2015.... More