31.07.2019 12:40:20

NiSource Inc. Q2 adjusted earnings Miss Estimates

(RTTNews) - NiSource Inc. (NI) reported earnings for its second quarter that climbed from the same period last year.

The company's earnings came in at $283.1 million, or $0.76 per share. This compares with $23.2 million, or $0.07 per share, in last year's second quarter.

Excluding items, NiSource Inc. reported adjusted earnings of $19.1 million or $0.05 per share for the period.

Analysts had expected the company to earn $0.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

NiSource Inc. earnings at a glance:

-Earnings (Q2): $19.1 Mln. vs. $26.4M. last year. -EPS (Q2): $0.05 vs. $0.07 last year. -Analysts Estimate: $0.06

-Guidance: Full year EPS guidance: $1.27 to $1.33

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Nisource Inc. 37,40 -4,59% Nisource Inc.