| NiSource beats 1Q profit forecasts | |
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MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Thursday reported first-quarter earnings of $268.4 million.
On a per-share basis, the Merrillville, Indiana-based company said it had profit of 85 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The energy holding company posted revenue of $2.15 billion in the period.
NiSource shares have climbed nearly 4 percent since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 2 percent. The stock has risen 21 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at http://www.zacks.com/ap/NI
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Keywords: NiSource, Earnings Report
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Nisource Inc.
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CODE : NI |
ISIN : US65473P1057 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Nisource is a development stage company based in United states of america. Nisource is listed in Germany and in United States of America. Its market capitalisation is US$ 11.4 billions as of today (€ 10.3 billions). Its stock quote reached its lowest recent point on January 04, 1985 at US$ 0.56, and its highest recent level on September 19, 2024 at US$ 33.83. Nisource has 337 410 827 shares outstanding. |