secwatch.observer — SEC 8-K summary
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Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001111711-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource reaffirms 2023 NOEPS upper half; introduces 2024 guidance, extends growth plan to 2028
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- Q3 2023 GAAP EPS $0.17 vs $0.12 YoY; non-GAAP EPS $0.19 vs $0.10 YoY.
- 2023 non-GAAP NOEPS guidance reaffirmed upper half of $1.54-$1.60; 2024 NOEPS guidance $1.68-$1.72.
- Extends 6-8% annual NOEPS growth plan through 2028; $16B capex 2024-2028 ($1B increase).
- NIPSCO minority sale to Blackstone on track for year-end 2023 after recent FERC approval.
- Nine-month 2023 GAAP EPS $0.98 vs $1.18 YoY; non-GAAP $1.07 vs $0.97 YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000111171123000038/0001111711-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000111171123000038/nix-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001111711-23-000038

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