NiSource reports 2024 GAAP EPS $1.62, adjusted EPS $1.75; raises 2025 EPS guidance to $1.85-1.89

NISOURCE INC.

2024-FY EPS reported $1.62 revenue$5,282,900,000

GAAP net income $739.7M ($1.62 diluted EPS) vs $661.7M ($1.48 EPS) in 2023.
Non-GAAP adjusted EPS $1.75 in 2024, above prior guidance; prior year $1.60.
2025 adjusted EPS guidance raised to $1.85-$1.89; base capex plan increased to $19.4B.
Reaffirms 6%-8% annual adjusted EPS growth target for 2025-2029.
CEO Lloyd Yates highlights 8.5% 3-year CAGR in adjusted EPS.

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