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NiSource Q2 Earnings & Revenues Beat Estimates, Rise Y/Y
ZACKS· 2025-08-06 16:06
Core Insights - NiSource Inc. reported second-quarter 2025 operating earnings per share (EPS) of 22 cents, exceeding the Zacks Consensus Estimate of 21 cents by 4.8% and up from 21 cents in the prior-year quarter [1][9] - Total revenues reached $1.28 billion, surpassing the Zacks Consensus Estimate of $1.15 billion by 11.3% and increasing 18.3% from $1.08 billion in the same quarter last year [2][9] Financial Performance - Total operating expenses were $1.02 billion, a rise of 20.3% from $0.85 billion in the prior-year quarter [3] - Operating income was reported at $262.9 million, up 10.9% from $237 million a year ago [3] - Net interest expenses increased to $139.1 million, up 7.6% from $129.3 million in the previous year [3] Sales and Distribution Metrics - Total gas distribution in Sales and Transportation (excluding weather) was 114.4 Million British Thermal Units per day (MMDth), down 2.8% from 117.7 MMDth in the prior-year quarter [4] - Total electric sales (excluding weather) were 3,994.2 gigawatt-hours (GWh), an increase of 0.5% from 3,974.5 GWh in the same quarter last year [4] Liquidity and Cash Flow - Cash and cash equivalents as of June 30, 2025, were $0.34 billion, up from $0.157 billion as of December 31, 2024 [5] - Long-term debts as of June 30, 2025, were $14.47 billion, compared to $12.07 billion as of December 31, 2024 [5] - Net cash flows from operating activities in the first half of 2025 were $1.18 billion, compared to $0.9 billion in the first half of 2024 [5] Guidance and Future Outlook - The company reaffirmed its 2025 non-GAAP earnings guidance of $1.85-$1.89 per share, with the Zacks Consensus Estimate at $1.88 per share [7][9] - NiSource expects an earnings CAGR of 6-8% through 2029 and plans capital expenditures of $19.4 billion for the 2025-2029 period [7]
New Strong Buy Stocks for June 30th
ZACKS· 2025-06-30 11:26
Group 1 - Hudbay Minerals Inc. (HBM) has seen a 30.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Shore Bancshares, Inc. (SHBI) has experienced a 7.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - National Grid plc (NGG) has recorded a 5.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Eagle Bancorp Montana, Inc. (EBMT) has seen an increase of nearly 9% in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Greif, Inc. (GEF) has experienced a 6.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]