earnings
confidence high
sentiment positive
materiality 0.75
NiSource reports 2022 GAAP EPS $1.70, raises 2023 NOEPS guidance to $1.54-$1.60
NISOURCE INC.
2022-FY EPS reported
$1.70
revenue$5,738,600,000
- GAAP net income $749M ($1.70 diluted EPS) vs $529.8M ($1.27) in 2021; non-GAAP NOEPS $1.47 vs $1.37.
- 2023 non-GAAP NOEPS guidance raised to $1.54-$1.60; reaffirms 6-8% annual growth through 2027.
- NIPSCO minority interest sale launched, on track for 2023; electric rate case filed for $279.2M revenue increase.
- Construction of Indiana Crossroads Solar and Dunns Bridge Solar I nearing completion; gas rate settlements approved in OH, PA, MD.