NiSource Inc. (NI) is an energy holding company. The Merrillville, IN-based firm is engaged in natural gas transmission, storage and distribution, and electric generation, transmission and distribution business. NiSource’s stable cash generating capacity, steady focus on regulated utility operations and systematic investments in infrastructure modernization and expansion projects will likely boost its future performance. In addition, the company’s practice of paying dividend is commendable. However, volatility in commodities prices and stringent environmental regulation remain potential setbacks. Estimate Trend & Surprise History Investors should note that the recent earnings estimate for NiSource has moved both upward as well as downward directions over the past 30 days. The company currently has a Zacks Rank #3 (Hold). Coming to the earnings surprise, NiSource has surpassed the Zacks Consensus Estimate in two of the last four quarters with an average negative surprise of 1.30%. Going further things could definitely change given the company’s recently released earnings results. Going below we have mentioned some of the vital information from this just-revealed announcement: Earnings: NiSource missed in the fourth quarter by a penny. Our consensus called for fourth-quarter EPS of 52 cents, and the company reported EPS of 51 cents. Revenue: NiSource missed the revenue estimates in the fourth quarter. The company posted revenues of $1,689.9 million in the fourth quarter, compared to our consensus estimate of $1,698 million. Key Stats to Note: In the fourth quarter, NiSource’s Gas Distribution, Gas Transportation and Storage, Electric and Other segments reported revenues of $718.3 million, $522.4 million, $392.1 million and $57.1 million, respectively. Stock Price: Shares were up almost 0.1% ahead of the report and remained inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today. Check back later for our full write up on this NI earnings report later! 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 >> 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 NISOURCE INC (NI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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