AP NEWS
Related topics

NiSource: 3Q Earnings Snapshot

October 30, 2019

MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Wednesday reported third-quarter net income of $6.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Merrillville, Indiana-based company said it had net income of 2 cents. Earnings, adjusted for one-time items, came to less than 1 cent on a per-share basis.

The energy holding company posted revenue of $931.5 million in the period.

NiSource expects full-year earnings in the range of $1.27 to $1.33 per share.

NiSource shares have climbed roughly 8% since the beginning of the year, while the Standard & Poor’s 500 index has risen 21%.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at https://www.zacks.com/ap/NI