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

NiSource

03/05/2023 14:32

* NiSource Inc  NI.N  reported quarterly adjusted earnings
of 77
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 75 cents per share.
    * Revenue rose 4.9% to $1.97 billion from a year ago;
analysts
expected $1.87 billion. 
    * NiSource Inc's reported EPS for the quarter was 71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * NiSource Inc shares had fallen by 0.2% this quarter and
gained 1.8% so far this year.
    * The company reported quarterly net income of $319.2
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 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.75           0.77           Beat
 Dec. 31 2022      0.48           0.50           Beat
 Sep. 30 2022      0.11           0.10           Missed
 Jun. 30 2022      0.12           0.12           Met