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Stock impact report

Why Is NiSource (NI) Up 8.8% Since Last Earnings Report? [Yahoo! Finance]

NiSource Inc (NI) 
Last nisource inc earnings: 2/26 08:57 pm Check Earnings Report
US:NYSE Investor Relations: nisource.com/investors
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is NiSource due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. NiSource Q3 Earnings Surpass Estimates, Revenues Miss NiSource reported third-quarter 2024 operating earnings per share (EPS) of 20 cents, which surpassed the Zacks Consensus Estimate of 14 cents by 42.9%. The bottom line increased 5.3% from the year-ago recorded figure of 19 cents. On a GAAP basis, the company reported an EPS of 19 cents compared with 17 cents in the prior-year quarter. Operating revenues of $1.08 billion missed the Zacks Consensus Estimate of $1.094 billion by 1.6%. However, the top line increased 3.8% from the prior-year figure of $1.04 billion. Total operating expenses amounted to $858 million, up 8% from the year-ago level of $794.4 million. Operati Show less Read more
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