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NIMC NiSource News Story

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UtilitiesBalancedLarge CapNeutral

NiSource slips on narrowing 2022 earnings forecast

** Shares of gas and electricity utilities firm NiSource Inc
 NI.N  down 2.3% at $25.60 
    ** NI narrows its 2022 non-GAAP diluted net operating EPS
guidance to $1.44-$1.46 from $1.42-$1.48 previous 
    ** Co's Q3 adj. profit of $44.6 mln, or $0.10 per share,
misses analysts' average estimate of $52.8 mln or $0.11 per
share - Refinitiv data
    ** So far this year, shares decline ~6%
 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))

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