NiSource Inc reports results for the quarter ended in December - Earnings Summary

NiSource

22/02/2023 14:32

* NiSource Inc  NI.N  reported quarterly adjusted earnings
of 50
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
48 cents per share.
    * Revenue rose 21% to $1.70 billion from a year ago;
analysts
expected $1.39 billion. 
    * NiSource Inc's reported EPS for the quarter was 52 cents​.
    * The mean earnings estimate of analysts had risen by
about 11.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * NiSource Inc shares had fallen by 1.7% this quarter.
    * The company reported quarterly net income of $230.8
million.
    * Wall Street's median 12-month price target for NiSource
Inc is
$31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.48           0.50           Beat
 Sep. 30 2022      0.11           0.10           Missed
 Jun. 30 2022      0.12           0.12           Met
 Mar. 31 2022      0.78           0.75           Missed