NiSource Q3 GAAP EPS $0.12, narrows FY22 guidance; plans NIPSCO minority sale, 6-8% long-term growth

NISOURCE INC.

2022-Q3 EPS reported $1.18 revenue$4,146,000,000

Q3 GAAP net income $52M ($0.12 EPS); non-GAAP NOEPS $0.10 vs $0.11 YoY.
2022 NOEPS guidance narrowed to $1.44-$1.46; 2023 guidance initiated at $1.50-$1.57.
Plans to sell minority interest in NIPSCO to strengthen balance sheet; eliminates equity needs until at least 2025.
Long-term growth plan: 6-8% annual NOEPS growth 2021-2027 with ~$15B investments.
Net-zero Scope 1&2 emissions by 2040; coal retirements by 2026-2028; 58% reduction since 2005.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NISOURCE INC. reported three months ended September 30, 2022 results: net income $52.0 million, EPS $0.12 diluted earnings per share.

Period: three months ended September 30, 2022
Net income: $52.0 million
EPS: $0.12 diluted earnings per share
Result: reported results

Exact text from the filing

NiSource (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2022 of $52.0 million, or $0.12 diluted earnings per share

View on SEC.gov

Browse all earnings releases →

NISOURCE INC. filing history →

Source: SEC EDGAR

accession 0001111711-22-000040

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.