NiSource Inc expected to post earnings of 11cents a share - Earnings Preview

NiSource

04/11/2022 19:37

* NiSource Inc  NI.N   NI  is expected to show a rise in
quarterly
revenue when it reports  results on November 7. 
    * The Merrillville Indiana-based  company is expected to
report  a
6.9% increase in revenue to $1.026 billion from $959.4 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NiSource Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"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
$30.5​, above​ its last closing price of $25.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  0.10        0.09       0.11      Beat    16.2
 ​​Jun.        0.14        0.13       0.13      Met     1.1
 30 2021                                                
 Mar. 31 2021  0.77        0.77       0.77      Met     -0.2​
 Dec. 31 2020  0.33        0.33       0.34      Beat    3.2
 Sep. 30 2020  0.03        0.03       0.09      Beat    236.2
 This summary was machine generated November 4 at 19:37 GMT.  All
figures in US dollars  unless otherwise stated