Market Overview

NiSource: Q3 Earnings Insights

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Shares of NiSource (NYSE:NI) moved higher by 0.0% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 0.00% over the past year to $0.09, which beat the estimate of $0.03.

Revenue of $902,500,000 declined by 3.11% from the same period last year, which missed the estimate of $1,010,000,000.

Outlook

NiSource hasn't issued any earnings guidance for the time being.

NiSource hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 11:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.nisource.com%2F&eventid=2625310&sessionid=1&key=51E2841E19AAA2CD4CA39AB005B4DDD4&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $30.46

Company's 52-week low was at $19.56

Price action over last quarter: down 5.63%

Company Overview

NiSource is one of the nation's largest natural gas distribution companies with approximately 3.5 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, most of which is now coal-fired but is being replaced by natural gas and renewables.

 

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Posted-In: Earnings News