Here's What to Expect From NiSource’s Next Earnings Report

Company Overview - NiSource Inc. is an Indiana-based regulated energy holding company providing natural gas distribution and electric utility services to nearly four million customers across several Midwestern and Eastern states with a market cap of $20.3 billion [1] Earnings Expectations - Analysts predict NiSource will report an adjusted EPS of $0.49 for Q4 2025, unchanged from the same quarter last year, and the company has exceeded Wall Street's earnings estimates in three of the last four quarters while missing once [2] - For the full year, analysts anticipate NiSource to report an EPS of $1.88, representing a 7.4% increase from $1.75 in fiscal 2024, with an expected rise to $2.04 in fiscal 2026, reflecting an 8.5% year-over-year growth [3] Stock Performance - NI stock has surged 17.9% over the past year, trailing the S&P 500 Index's 18.6% gains but surpassing the Utilities Select Sector SPDR Fund's 14.1% gains during the same period [4] Equity Offering - On October 31, NiSource announced the launch of an at-the-market equity offering program allowing the company to sell up to $1.5 billion of its common stock through December 31, 2028, with shares issued at prevailing market prices [5] Analyst Ratings - Analysts' consensus on NI stock is highly bullish, with an overall "Strong Buy" rating; out of 15 analysts, 11 recommend a "Strong Buy" and four suggest a "Hold," with an average price target of $47.08 indicating a potential upside of 8.7% from current levels [6]