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

NiSource

30/10/2023 17:34

* NiSource Inc  NI.N   NI  is expected to show a fall in
quarterly
revenue when it reports  results on November 1. 
    * The Merrillville Indiana-based  company is expected to
report  a
0.5% decrease in revenue to $1.084 billion from $1.09 billion a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv'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," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months. ​
    * Wall Street's median 12-month price target for NiSource
Inc is
$30​, above​ its last closing price of $25.15. ​​​

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 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. 30 2022  0.10        0.11       0.10      Missed  -11.7
 ​​Jun.        0.10        0.12       0.12      Met     -2
 30 2022                                                
 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
 This summary was machine generated October 30 at 17:34 GMT.  All
figures in US dollars  unless otherwise stated