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MERRILLVILLE, Ind. (AP) -- NiSource Inc. (NI) on Tuesday reported a third-quarter loss of $4.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Merrillville, Indiana-based company said it had a loss of 2 cents. Earnings, adjusted to account for discontinued operations and non-recurring costs, were 6 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The energy holding company posted revenue of $817.2 million in the period.
NiSource shares have increased 15 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2 percent. The stock has increased 14 percent in the last 12 months.
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This story has been corrected to show that NiSource's stock has increased in the year to date and the past 12 months.
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Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at http://www.zacks.com/ap/NI
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Keywords: NiSource, Earnings Report
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Nisource Inc.
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CODE : NI |
ISIN : US65473P1057 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Nisource is a development stage company based in United states of america. Nisource is listed in Germany and in United States of America. Its market capitalisation is US$ 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. |