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MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Tuesday reported first-quarter earnings of $179.7 million.
On a per-share basis, the Merrillville, Indiana-based company said it had profit of 56 cents. Earnings, adjusted for non-recurring costs, came to 60 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.
The energy holding company posted revenue of $1.44 billion in the period.
NiSource expects full-year earnings in the range of $1 to $1.10 per share.
NiSource shares have climbed 18 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed almost 2 percent. The stock has decreased 47 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at http://www.zacks.com/ap/NI
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Keywords: NiSource, Earnings Report
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Nisource Inc.
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CODE : NI |
ISIN : US65473P1057 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Nisource is a development stage company based in United states of america. Nisource is listed in Germany and in United States of America. Its market capitalisation is US$ 8.6 billions as of today (€ 7.5 billions). Its stock quote reached its lowest recent point on January 04, 1985 at US$ 0.56, and its highest recent level on October 12, 2023 at US$ 25.39. Nisource has 337 410 827 shares outstanding. |