Says material costs remain high, driven by tariffs, and high demand, alongside potential project delays, could hurt financial results
Reports Q2 net income of $45.5 million, or 9 cents per share, vs $102.2 million, or 22 cents per share, a year earlier
Q2 operating expenses jump 9.2% to $1.1 billion
As of last close, NI up 6.6% YTD
Shares slip after weaker quarterly profit
Shares of NiSource NI.N slip 1.2% to $44 premarket
The U.S. utility posts a fall in Q2 profit, pressured by a labor lockout at its NIPSCO unit, elevated storm activity and higher operating and restructuring expenses
Says it incurred $21.4 million of workplace continuity costs linked to the April 2026 lockout
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