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

NiSource

07/11/2022 17:22

* NiSource Inc  NI.N  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in September. The mean
expectation of eleven analysts for the quarter was for earnings
of 11 cents per share.
    * Revenue rose 13.6% to $1.09 billion from a year ago;
analysts
expected $1.03 billion. 
    * NiSource Inc's reported EPS for the quarter was 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * NiSource Inc shares had risen by 2.8% this quarter and
lost 6.2%
so far this year.
    * The company reported quarterly net income of $52 million.
    * Wall Street's median 12-month price target for NiSource
Inc is
$30.50 
    * 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." 

This summary was machine generated from Refinitiv data November
7 at 05:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.10           Missed
 Jun. 30 2022      0.12           0.12           Met
 Mar. 31 2022      0.78           0.75           Missed
 Dec. 31 2021      0.36           0.39           Beat