NiSource Inc expected to post earnings of 16 cents a share - Earnings Preview

NiSource

05/08/2024 14:59

* NiSource Inc  NI.N   NI  is expected to show a rise in
quarterly
revenue when it reports  results on August 7 for the period
ending June 30 2024
    * The Merrillville Indiana-based  company is expected to
report a
6.8% increase in revenue to $1.164 billion from $1.09 billion a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for NiSource Inc is for
earnings
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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
$32.00​, above​ its last closing price of $31.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.82        0.83       0.85      Beat    2.9
 Dec. 31 2024  0.53        0.54       0.53      Missed  -2.5
 Sep. 30 2023  0.17        0.16       0.19      Beat    20.3​
 Jun. 30 2023  0.11        0.11       0.11      Met     4.1
 ​​Mar.        0.75        0.75       0.77      Beat    2.4
 31 2023                                                
 Dec. 31 2022  0.48        0.48       0.50      Beat    4.1​
 Jan. 1 0001   0.10        0.11       0.10      Missed  -11.7
 Jun. 30 2022  0.10        0.12       0.12      Met     -2
 This summary was machine generated August 5 at 13:59 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)