secwatch.observer — SEC 8-K summary
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Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001111711-22-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000111171122000040/0001111711-22-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000111171122000040/nix-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001111711-22-000040

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