NiSource Inc expected to post earnings of 75  cents a share - Earnings Preview

NiSource

01/05/2023 17:51

* NiSource Inc  NI.N   NI  is expected to show a fall in
quarterly
revenue when it reports  results on May 3. 
    * The Merrillville Indiana-based  company is expected to
report  a
0.4% decrease in revenue to $1.867 billion from $1.87 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NiSource Inc is for
earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 8.2%
in the last three months. ​
    * Wall Street's median 12-month price target for NiSource
Inc is
$31​, above​ its last closing price of $28.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.10        0.12       0.12      Met     -2​
 Mar. 31 2022  0.76        0.78       0.75      Missed  -3.3
 ​​Dec.        0.35        0.36       0.39      Beat    9
 31 2021                                                
 Sep. 30 2021  0.10        0.09       0.11      Beat    16.2​
 Jun. 30 2021  0.14        0.13       0.13      Met     1.1
 Mar. 31 2021  0.77        0.77       0.77      Met     -0.2
 This summary was machine generated May 1 at 16:51 GMT.  All
figures in US dollars  unless otherwise stated