NiSource Inc expected to post earnings of 12  cents a share - Earnings Preview

NiSource

31/07/2023 15:53

* NiSource Inc  NI.N   NI  is expected to show a fall in
quarterly
revenue when it reports  results on August 2. 
    * The Merrillville Indiana-based  company is expected to
report  a
5.6% decrease in revenue to $1.118 billion from $1.18 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NiSource Inc is for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NiSource
Inc is
$31​, above​ its last closing price of $27.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.75        0.75       0.77      Beat    2.4
 Dec. 31 2023  0.48        0.48       0.50      Beat    4.1
 Sep. 30 2022  0.10        0.11       0.10      Missed  -11.7​
 Jun. 30 2022  0.10        0.12       0.12      Met     -2
 ​​Mar.        0.76        0.78       0.75      Missed  -3.3
 31 2022                                                
 Dec. 31 2021  0.35        0.36       0.39      Beat    9​
 Sep. 30 2021  0.10        0.09       0.11      Beat    16.2
 Jun. 30 2021  0.14        0.13       0.13      Met     1.1
 This summary was machine generated July 31 at 14:53 GMT.  All
figures in US dollars  unless otherwise stated