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NiSource (NI) Beats Q2 Earnings Estimates
ZACKS· 2024-08-07 12:57
NiSource (NI) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this energy holding company would post earnings of $0.81 per share when it actually produced earnings of $0.85, delivering a surprise of 4.94%. Over the last four quarters, the compa ...
NiSource(NI) - 2024 Q2 - Quarterly Report
2024-08-07 10:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16189 NiSource Inc. | --- | --- | --- | |-----------------------------------------------------------------------------|-------------------|- ...
NiSource(NI) - 2024 Q2 - Quarterly Results
2024-08-07 10:33
FOR IMMEDIATE RELEASE: August 7, 2024 NiSource announces second quarter 2024 results • Reaffirming 2024 non-GAAP adjusted EPS guidance • Reaffirming 2023-2028 annual non-GAAP adjusted EPS growth of 6-8% MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended June 30, 2024, of $85.8 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $39.9 million, or $0.09 of ...
Is NiSource (NI) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-07-18 17:45
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cuttingedge growth stocks. Earnings Growth Cash Flow Growth While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 9.4% over ...
Why NiSource (NI) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-18 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider NiSource (NI) . This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat. When looking at the last two reports, this energy holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.43%, on average, in the last tw ...
NiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-07-18 13:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the ...
NiSource (NI) Rides on Strategic Investments & Cost Management
ZACKS· 2024-07-15 15:31
NiSource Inc. (NI) and its subsidiaries provide natural gas, electricity, and other products and services in the United States. Its long-term capital expenditure plans and strategic investments for expansion in clean energy will boost the performance of the company. NiSource is working on a long-term utility infrastructure modernization program. The company aims to invest in the range of $3.3-$3.5 billion for 2024. It also expects to invest approximately $16.4 billion during 2024- 2028. NiSource is set to r ...
NiSource (NI) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-06-13 15:19
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the m ...
NiSource (NI) Rides on Infrastructure Upgrade & Clean Assets
zacks.com· 2024-05-23 14:35
NiSource Inc.'s (NI) consistent investments to strengthen its existing infrastructure, stable returns from regulated assets and cost-saving initiatives should boost its earnings. The company's focus on clean energy helps to enhance its overall performance. Tailwinds However, this Zacks Rank #3 (Hold) company faces risks related to any delay in the completion of projects and weather fluctuations. NiSource is working on a long-term utility infrastructure modernization program. The company expects investments ...
NiSource(NI) - 2024 Q1 - Earnings Call Transcript
2024-05-08 18:10
NiSource Inc. (NYSE:NI) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Melody Birmingham - Executive Vice President and Group President, NiSource Utilities Conference Call Participants Travis Miller - Morningstar William ...