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NiSource Q1 Adjusted Earnings Rise, Operating Revenue Declines; 2024 Adjusted Profit Guidance Reiterated
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NiSource Q1 Adjusted Earnings Rise, Operating Revenue Declines; 2024 Adjusted Profit Guidance Reiterated
May 8, 2024 4:59 AM

07:16 AM EDT, 05/08/2024 (MT Newswires) -- NiSource ( NI ) reported Q1 adjusted earnings Wednesday of $0.85 per diluted share, up from $0.77 a year earlier.

Analysts polled by Capital IQ expected $0.83.

Operating revenue for the quarter ended March 31 was $1.71 billion, down from $1.97 billion a year earlier.

Three analysts surveyed by Capital IQ expected $2.37 billion.

The company said it continues to expect 2024 adjusted EPS of $1.70 to $1.74. Analyst polled by Capital IQ are looking for $1.71.

Price: 29.00, Change: -0.05, Percent Change: -0.17

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