NiSource climbs after Q3 profit beat

NiSource

30/10/2024 12:27

** Shares of utility firm NiSource  NI.N  rise ~5% to $36.00
premarket
    ** Company beats Q3 profit expectations on resilient
industrial and residential demand for power
    ** Posts Q3 adj. profit of 20 cents per share vs analysts'
estimate of 16 cents per share - LSEG data
    ** Total Q3 operating revenue climbs nearly 5% to $1.08 bln
    ** As of last close, stock up ~30% YTD

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))