secwatch.observer — SEC 8-K summary
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Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001111711-24-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource Q3 adjusted EPS $0.20, reaffirms FY24, extends 6-8% growth to 2029
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- GAAP Q3 net income $85.7M ($0.19 EPS) vs $77.0M ($0.17) YoY; nine-month GAAP EPS $1.14 vs $0.98.
- Non-GAAP adjusted EPS Q3 $0.20 (up from $0.19); nine-month adjusted EPS $1.26 vs $1.07.
- Reaffirmed 2024 adjusted EPS guidance $1.70-1.74; introduced 2025 guidance $1.84-1.88.
- Extended 6-8% annual adjusted EPS growth target through 2029; new 5-year capex plan $19.3B (+$2.9B).
- Expects 8-10% rate base growth over 2025-2029, driven by investments in Indiana and NIPSCO IRP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000111171124000041/0001111711-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000111171124000041/nix-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001111711-24-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer