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NiSource's Q2 Adjusted Earnings Rise, Operating Revenue Drops; Reaffirms 2024 Adjusted EPS Forecast -- Shares Gain
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NiSource's Q2 Adjusted Earnings Rise, Operating Revenue Drops; Reaffirms 2024 Adjusted EPS Forecast -- Shares Gain
Aug 7, 2024 5:01 AM

07:36 AM EDT, 08/07/2024 (MT Newswires) -- NiSource ( NI ) reported Q2 adjusted earnings Wednesday of $0.21 per diluted share, up from $0.11 a year earlier.

Analysts polled by Capital IQ expected $0.17.

Operating revenue for the quarter ended June 30 was $1.08 billion, down from $1.09 billion a year earlier.

Four analysts surveyed by Capital IQ expected $983 million.

The company said it reaffirms its 2024 adjusted EPS guidance of $1.70 to 1.74. Analysts surveyed by Capital IQ expect $1.72.

Shares of the company were up 3.4% in recent premarket activity on Wednesday.

Price: 32.00, Change: +1.06, Percent Change: +3.43

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