NiSource Q2 GAAP EPS $0.19, adjusted EPS $0.21; reaffirms 2024 guidance

NISOURCE INC.

2024-Q2 EPS reported $0.95 revenue$2,791,000,000

GAAP net income $85.8M ($0.19/diluted share) vs $39.9M ($0.09) in Q2 2023.
Non-GAAP adjusted net income $94.7M ($0.21/share) vs $50.3M ($0.11) YoY.
Reaffirmed 2024 adjusted EPS guidance of $1.70-$1.74 and 6-8% annual EPS growth through 2028.
Placed Cavalry Solar & Storage project into service during Q2 2024.
Responded to major Indiana windstorm in July; service restored by employees and contractors.

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