Natgas utility firm NiSource misses Q3 adjusted EPS estimates, reaffirms 2025 guidance

NiSource

29/10/2025 10:43

Overview

NiSource Q3 2025 adjusted EPS misses analyst expectations

Company reaffirms 2025 non-GAAP adjusted EPS guidance, introduces 2026 guidance

Announces $28 bln capital expenditure plan, including $7 bln for data centers

Outlook

NiSource reaffirms upper half of 2025 non-GAAP adjusted EPS guidance of $1.85-$1.89

Company expects 2026 non-GAAP consolidated adjusted EPS between $2.02-$2.07

NiSource projects 6%-8% annual EPS growth from 2026 to 2030

Result Drivers

CAPITAL EXPENDITURE PLAN - NiSource announced a $28 bln capital expenditure plan, with $7 bln allocated to data centers, driving future growth

WEATHER IMPACT - Weather variations negatively impacted operating income, affecting adjusted net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.19
$0.19 (10 Analysts)
Q3 EPS
$0.20
Q3 Net Income
$94.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline utilities peer group is "buy"

Wall Street's median 12-month price target for NiSource Inc is $46.00, about 5.7% above its October 28 closing price of $43.39

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw5ywKSga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)