NiSource Inc expected to post earnings of 83 cents a share - Earnings Preview

NiSource

06/05/2024 17:57

* NiSource Inc  NI.N   NI  is expected to show a rise in
quarterly
revenue when it reports  results on May 8 for the period ending
March 31 2024
    * The Merrillville Indiana-based  company is expected to
report a
27.0% increase in revenue to $2.497 billion from $1.97 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for NiSource Inc is for
earnings
of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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
$30.00​, above​ its last closing price of $28.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  0.11        0.11       0.11      Met     4.1​
 Jan. 1 0001   0.75        0.75       0.77      Beat    2.4
 ​​Dec.        0.48        0.48       0.50      Beat    4.1
 31 2022                                                
 Sep. 30 2022  0.10        0.11       0.10      Missed  -11.7​
 Jun. 30 2022  0.10        0.12       0.12      Met     -2
 Jan. 1 0001   0.76        0.78       0.75      Missed  -3.3
 This summary was machine generated May 6 at 16:57 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)