NiSource Inc expected to post earnings of 15 cents a share - Earnings Preview

NiSource

28/10/2024 13:04

* NiSource Inc  NI.N   NI  is expected to show a rise in
quarterly
revenue when it reports  results on October 30 for the period
ending September 30 2024
    * The Merrillville Indiana-based  company is expected to
report a
12.1% increase in revenue to $1.152 billion from $1.03 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Majority is on Total Revenue)
    * ​LSEG's mean analyst estimate for NiSource Inc is for
earnings
of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"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
$38.00​, above​ its last closing price of $34.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.18        0.17       0.21      Beat    26.2
 Mar. 31 2024  0.82        0.82       0.85      Beat    3.4
 Dec. 31 2023  0.53        0.54       0.53      Missed  -2.5​
 Sep. 30 2023  0.17        0.16       0.19      Beat    20.3
 ​​Jun.        0.11        0.11       0.11      Met     4.1
 30 2023                                                
 Mar. 31 2023  0.75        0.75       0.77      Beat    2.4​
 Dec. 31 2022  0.48        0.48       0.50      Beat    4.1
 Sep. 30 2022  0.10        0.11       0.10      Missed  -11.7
 This summary was machine generated October 28 at 13:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)