NiSource (NI) Q2 Earnings Surpass Estimates, Revenues Miss

NiSource (NI) reported second-quarter 2024 operating earnings per share (EPS) of 21 cents, which surpassed the Zacks Consensus Estimate of 15 cents by 40%. The bottom line increased 90.9% from the year-ago quarter's recorded figure of 11 cents. On a GAAP basis, the company reported an EPS of 19 cents compared with 9 cents in the prior-year quarter. Total Revenues Operating revenues of $1.08 billion missed the Zacks Consensus Estimate of $1.16 billion by 6.8%. The top line also decreased 0.9% from the prior- ...