NiSource Q4 profit beats on Amazon data center agreement

NiSource

11/02/2026 11:38

Overview

Utility company reported full-year 2025 adjusted EPS above guidance range

Adjusted EPS for Q4 beat analyst expectations

Company reaffirmed 2026 adjusted EPS guidance and long-term growth projections

Outlook

NiSource reaffirms 2026 non-GAAP consolidated adjusted EPS guidance of $2.02–$2.07

Company expects to invest $28 bln from 2026–2030 in modernization and data centers

NiSource anticipates 8%-9% CAGR in non-GAAP adjusted EPS from 2026 to 2033

Result Drivers

DATA CENTER AGREEMENT - Landmark data center agreement with Amazon contributed to 2025 results, per CEO Lloyd Yates

UTILITY MODERNIZATION - Co's utility system modernization initiatives supported growth, with $28 bln planned investment from 2026-2030

EFFICIENCY IMPROVEMENTS - Co focused on leveraging technology to improve efficiency and maintain affordability, per CEO Lloyd Yates

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$0.51
$0.50 (10 Analysts)

Analyst Coverage

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 average consensus recommendation for the multiline utilities peer group is "buy"

Wall Street's median 12-month price target for NiSource Inc is $47.00, about 5.1% above its February 10 closing price of $44.73

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw1Xj9wca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)