| NiSource (NI) Beats on Q1 Earnings, Up Y/Y; Revenues Lag - Analyst Blog | |
| | |
|
Total operating expenses came in at $808.2 million, up 10.2% year over year primarily due to higher operation and maintenance and depreciation and amortization expenses. Interest expenses edged up 1.7% year over year to $111 million due to higher outstanding debts. Financial Position As of Mar 31, 2015, NiSource’s cash and cash equivalents increased significantly to $42 million from $25.4 million as of Dec 31, 2014. Long-term debt (excluding amounts due within one year) as of Mar 31, 2015 was $7,957.9 million compared with $8,155.9 million as of Dec 31, 2014. For the first quarter, net cash from operating activities came in at $604.3 million compared with $394.4 million in the year-ago period. NiSource’s capital expenditure in the first quarter stood at $407.5 million compared with $386.3 million in the year-ago period. Other Peer Releases American Electric Power Company Inc. AEP reported first-quarter 2015 operating earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.11 by 15.3%. NextEra Energy, Inc. NEE announced first-quarter 2015 adjusted earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.28 by 10.2%. Xcel Energy Inc. XEL recorded operating earnings of 46 cents per share in the first quarter of 2015, missing the Zacks Consensus Estimate of 50 cents by 8%. Zacks Rank NiSource currently has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMER ELEC PWR (AEP): Free Stock Analysis Report XCEL ENERGY INC (XEL): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report NISOURCE INC (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
|
|
|
Nisource Inc.
|
|
|
CODE : NI |
ISIN : US65473P1057 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Nisource is a development stage company based in United states of america. Nisource is listed in Germany and in United States of America. Its market capitalisation is US$ 9.5 billions as of today (€ 8.9 billions). Its stock quote reached its lowest recent point on January 04, 1985 at US$ 0.56, and its highest recent level on April 25, 2024 at US$ 28.10. Nisource has 337 410 827 shares outstanding. |