NiSource (NI) Misses Q3 Earnings Estimates

Core Insights - NiSource reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share, representing a -5.00% earnings surprise [1] - The company posted revenues of $1.27 billion for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 8.33% and up from $1.08 billion a year ago [2] - NiSource shares have increased approximately 18% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Performance - Over the last four quarters, NiSource has surpassed consensus EPS estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $1.64 billion, and for the current fiscal year, it is $1.88 on revenues of $6.26 billion [7] Market Outlook - The company's earnings outlook and estimate revisions trend were favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The Utility - Electric Power industry, to which NiSource belongs, is currently in the top 21% of Zacks industries, suggesting a positive industry outlook [8]