NiSource Inc expected to post earnings of 54 cents a share - Earnings Preview

NiSource

19/02/2024 14:15

* NiSource Inc  NI.N   NI  is expected to show a fall in
quarterly
revenue when it reports  results on February 21 for the period
ending December 31 2023
    * The Merrillville Indiana-based  company is expected to
report a
0.6% decrease in revenue to $1.695 billion from $1.7 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for NiSource Inc is for
earnings
of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "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
$29.00​, above​ its last closing price of $25.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.75        0.75       0.77      Beat    2.4​
 Dec. 31 2022  0.48        0.48       0.50      Beat    4.1
 ​​Sep.        0.10        0.11       0.10      Missed  -11.7
 30 2022                                                
 Jun. 30 2022  0.10        0.12       0.12      Met     -2​
 Mar. 31 2022  0.76        0.78       0.75      Missed  -3.3
 Dec. 31 2021  0.35        0.36       0.39      Beat    9
 This summary was machine generated February 19 at 14:14 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)