NiSource Q2 profit matches estimates, reaffirms 2026 outlook
NI•Outlook
- NiSource reaffirms 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07
- Company maintains 2026-2033 non-GAAP consolidated adjusted EPS CAGR target of 9%-10%
- NiSource continues $28.6 bln 2026-2030 capital investment plan
Overview
- US utility's Q2 adjusted EPS was flat yr/yr, matching analyst expectations
- GAAP net income and EPS declined from prior-year quarter
- Company reaffirmed 2026 adjusted EPS guidance and long-term growth targets
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Adjusted EPS | Meet | $0.16 | $0.16 (11 Analysts) |
| Q2 EPS | $0.09 | ||
| Q2 Net Income | $45.50 mln |
Analyst Coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the multiline utilities peer group is "buy"
- Wall Street's median 12-month price target for NiSource Inc. is $51.75, about 16.2% above its August 4 closing price of $44.53
