NiSource(NI)

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This is Why NiSource (NI) is a Great Dividend Stock
ZACKS· 2024-08-12 16:47
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend ...
NiSource(NI) - 2024 Q2 - Earnings Call Presentation
2024-08-07 21:12
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 ...
NiSource(NI) - 2024 Q2 - Earnings Call Transcript
2024-08-07 21:10
NiSource Inc. (NYSE:NI) Q2 2024 Earnings Conference Call August 7, 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 Shar Pourreza - Guggenheim Partne ...
NiSource (NI) Q2 Earnings Surpass Estimates, Revenues Miss
ZACKS· 2024-08-07 15:30
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- ...
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 ...