| NiSource beats 2Q profit forecasts | |
| | |
|
MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Tuesday reported second-quarter net income of $28.6 million, after reporting a loss in the same period a year earlier.
The Merrillville, Indiana-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring gains, came to 8 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The energy holding company posted revenue of $897.6 million in the period.
NiSource expects full-year earnings in the range of $1.05 to $1.10 per share.
NiSource shares have climbed 32 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 6 percent.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at http://www.zacks.com/ap/NI
_____
Keywords: NiSource, Earnings Report
|
|
|
Nisource Inc.
|
|
|
CODE : NI |
ISIN : US65473P1057 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Nisource est une société développant des projet miniers basée aux Etats-Unis D'Amerique. Nisource est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 9,4 milliards US$ (8,8 milliards €). La valeur de son action a atteint son plus bas niveau récent le 04 janvier 1985 à 0,56 US$, et son plus haut niveau récent le 22 avril 2024 à 27,91 US$. Nisource possède 337 410 827 actions en circulation. |