NiSource Announces Second Quarter Results
NiSource reported Q2 GAAP net income of $45.5 million ($0.09 EPS), down from $102.2 million ($0.22 EPS) in the prior year, while adjusted net income fell to $77.6 million ($0.16 EPS). The quarterly declines were driven by weather normalization and $21.4 million in costs associated with a NIPSCO lockout. Despite the Q2 underperformance, six-month adjusted EPS rose to $1.22 from $1.19 a year ago, and the company reaffirmed its full-year 2026 adjusted EPS guidance of $2.02 to $2.07 along with a 9%-10% CAGR outlook through 2033.
Key figures
- Eps
- 0.16
- Guidance
- 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07
- Gaap eps
- 0.09
- Capital plan
- $28.6 billion
- Customer savings
- $1.4 billion
- Six month adj eps
- 1.22
- Data center capital
- $7.6 billion
AI analysis
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