NiSource Inc expected to post earnings of 50 cents a share - Earnings Preview

Reuters
02-10
NiSource Inc <ni.n> expected to post earnings of 50 cents a share - Earnings Preview </ni.n>
  • NiSource Inc NI.N, NI is expected to show a rise in quarterly revenue when it reports results on February 12 for the period ending December 31 2024

  • The Merrillville Indiana-based company is expected to report a 8.4% increase in revenue to $1.541 billion from $1.42 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Majority is on Total Revenue)

  • ​LSEG's mean analyst estimate for NiSource Inc is for earnings of 50 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for NiSource Inc is $39.50​, above​ its last closing price of $37.93. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.16

0.16

0.20

Beat

26.6

Jun. 30 2024

0.18

0.17

0.21

Beat

26.2

Mar. 31 2024

0.82

0.82

0.85

Beat

3.4​

Dec. 31 2023

0.53

0.54

0.53

Missed

-2.5

​​Sep. 30 2023

0.17

0.16

0.19

Beat

20.3

Jun. 30 2023

0.11

0.11

0.11

Met

4.1​

Mar. 31 2023

0.75

0.75

0.77

Beat

2.4

Dec. 31 2022

0.48

0.48

0.50

Beat

4.1

This summary was machine generated February 10 at 13:59 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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